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Ontario
TransCanada has been an active participant in Ontario's energy market for years. In addition to our extensive pipeline system, we have helped shape the power market in recent years and grown to become the largest independent power producer in the province.
Operating from our Toronto offices, we are licensed by the Ontario Energy Board (OEB) to retail electricity. We are a wholesale market participant in Ontario, and actively trade at the wholesale level.
We have a vested and non-conflicting interest in ensuring the long term viability of our customers and clients..
In October 2010 TransCanada applied to the OEB to be a licensed transmitter of electricity in Ontario. A new corporate entity, TransCanada Power Transmission (Ontario) L.P., has been established to be responsible for any future development, construction and operation of TransCanada investments in electrical transmission in the province.