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Social

Numbers

• Total employees: ~4000
• Canadian employees: ~2400
• U.S. employees: ~1600

New Employees

• Expected new hires per year: approximately 500
• Voluntary turnover: approximately 4 per cent in 2008

Total Community Investment cash donations	$ 7,367,835
Total In-Kind donations	$ 316,181

Environment

Spills

TransCanada takes a very proactive approach to spills management. While our primary objective is to prevent spills, we rigorously track all spills to help identify areas for improvement. All spills, regardless of size are cleaned up with no net impact to the environment, including third-party spills affecting TransCanada property or work. In 2008, TransCanada had nine reportable spills from its operations, including leaks of hydraulic oil, lube oil, fuel and brine/condensate liquid. The largest spill was 800 litres of diesel fuel. All were cleaned up immediately and there were no long-term adverse affects to the environment.

Greenhouse Gases

TransCanada expects that greenhouse gas emissions from its asset base will increase as it continues to invest in facilities that transport clean burning natural gas to growing energy markets in North America, and as it continues to build a balanced power generation portfolio that will include facilities that consume natural gas.

The following table summarizes greenhouse gas emissions from TransCanada’s pipeline and power generation facilities in Canada and the U.S. Greenhouse gas emissions from partially owned entities have been prorated to reflect the percentage ownership that TransCanada holds. Almost 80 per cent of the greenhouse gas emissions noted in the following table are attributable to pipeline operations. We expect that greenhouse gas emissions from our power generation assets will increase when construction is completed on a number of new facilities and as we acquire new assets that consume fossil fuels. On the pipeline side, greenhouse gas emissions will vary from year to year depending on changes to the supply and demand for clean burning natural gas in North America.

Safety

Vehicle Incident Frequency, Employee – 2.86

Vehicle Incident Frequency (VIF) refers to the number of recordable vehicle incidents recorded for every 1,000,000 kilometres that our employees drive. A recordable vehicle incident is any incident (regardless of fault) involving a fleet or rental motor vehicle that results in an injury to any person or damage to any vehicle or property, unless the vehicle was safely and legally parked at the time of the incident. On average in 2008, TransCanada experienced one incident for every 349,402 kilometres traveled. This is below the industry average in Canada of one incident for every 400,771 kilometres traveled.

Total Recordable Case Rate, Employee – 1.26

The Total Recordable Case Rate (TRCR) refers to the number of recordable cases per 100 full-time employees. On average in 2008, TransCanada experienced one recordable case for every 80 person-years worked, a 55 per cent better performance compared with the industry average in Canada of one recordable case for every 36 person-years worked. The majority of these injuries required only minor medical treatment. Minor medical treatment includes such items as the need for prescriptions, stitches, or restrictions in work; and does not include an individual incurring time away from work. As well as injuries requiring only minor medical treatment, recordable cases are illnesses and work-related injuries that result in loss of consciousness, restriction of work or motion, transfer to another job, loss of life or injuries that require medical treatment beyond first aid.

Away-From-Work Case Rate, Employee – 0.50

The Away-From-Work Case Rate (AWCR) refers to the number of away-from-work cases per 100 full-time employees where an employee would have worked but could not because of occupational injury or illness. On average, TransCanada reported 199 person-years of work for every reported case, or below the most recent (2007) industry average of one away-from-work case for every 276 person-years worked.

Business

For detailed information on TransCanada’s financial performance in 2008, please refer to our Annual Report.

For further information, or to comment on this report, please contact us by clicking here.