The Management’s Discussion and Analysis dated March 1, 2005 should be read in conjunction with the audited consolidated financial statements of TransCanada PipeLines Limited (TCPL or the company) and the notes thereto for the year ended December 31, 2004. Amounts are stated in Canadian dollars unless otherwise indicated.

tce-ros-materiality-assessment.pdf

Compressor stations keep the natural gas flowing at a desired flow rate by mechanically re-pressurizing the gas along the pipeline.

CALGARY, Alberta, May 01, 2025 (GLOBE NEWSWIRE) — TC Energy Corporation released its first quarter results today. François Poirier, TC Energy’s President and Chief Executive Officer commented, "As natural gas and electricity are forecasted to drive the majority of growth in final energy consumption through 2035, we are pleased to announce two new growth projects that represent strategic investments in North America’s energy future.