TransCanada PipeLines Limited (the Company or
TransCanada) is a leading North American energy company. TransCanada operates in
two business segments, Transmission and Power, each of which offers different
products and services.
The Transmission business owns and operates a natural
gas transmission system in Alberta (the Alberta System), a natural gas
transmission system extending from the Alberta border east into Québec (the
Canadian Mainline) and a natural gas transmission system extending from the
Alberta border west into southeastern British Columbia (the BC System). It also
holds the Company’s investments in other natural gas pipelines in Canada and the
United States, and investigates and develops new natural gas transmission
facilities in Canada and the United States.
The Power business builds, owns and operates electrical
power plants, and markets electricity. This business operates in both Canada and
the United States.