News Release — TransCanada Corporation announced today that its wholly-owned subsidiary, NOVA Gas Transmission Ltd. (NGTL), has filed an application with the National Energy Board for approval of a negotiated settlement with its customers and other interested parties on the annual costs required to operate the NGTL System for 2018 and 2019.

TransCanada has today filed with Canadian securities authorities: Audited Consolidated Financial Statements for the year ended December 31, 2017 with related Management's Discussion and Analysis (Annual Report); and The company's Annual Information Form for the year ended December 31, 2017.

TransCanada Corporation today announced that the Board of Directors declared a quarterly dividend of $0.69 per common share for the quarter ending June 30, 2018, on the Company’s outstanding common shares. The common share dividend is payable on July 31, 2018 to shareholders of record at the close of business on June 29, 2018.

TransCanada Corporation today announced it is expanding its successful community scholarships program, that will further help hundreds of North Americans gain skills to realize their goals and prosper in the workforce.

TransCanada Corporation announced it has successfully concluded the Keystone XL open season, securing approximately 500,000 barrels per day of firm, 20 year commitments, positioning the proposed project to proceed. Interest in the project remains strong and TransCanada will look to continue to secure additional long-term contracted volumes.

TransCanada Corporation is pleased to announce that its Coastal Gaslink Pipeline Project has signed community and project agreements with all of the elected Indigenous bands along its pipeline route in British Columbia.

This document is a comprehensive report on a company's activities throughout the preceding year.

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