Our Vision: To be the leading energy infrastructure company in North America, focusing on pipeline and power generation opportunities where we have, or can develop, a significant competitive advantage.
We might take it for granted, but affordable energy is essential to modern life. When we drive our kids to school, flick on the office lights or cook a meal after a day’s work, we depend on oil, natural gas and electricity.
While we’re proud of the role we’ve played in empowering businesses and families for more than 65 years, we know demand for energy is increasing. It’s also becoming more complex.
So, what are we doing? To meet demand for traditional fuels, we’re focused on projects such as Keystone XL. To address climate change and a lower carbon future, we’re developing cleaner energy sources including natural gas, nuclear, wind and solar.
Our commitment to sustainable energy is unwavering. With our diverse portfolio of assets and projects, the table is set to safely deliver the affordable energy we all depend on, for many years to come.
Read more about our sustainable development in our Corporate Responsibility Report.
Read more about TransCanada, in Our Business at a Glance.
An industry-leading safety record. A 99.999% safe delivery rate. And we still believe we can do better. Rigorous training and emergency preparation means we’re always prepared for unlikely events.
Since 2000, we have grown our asset base from $26 billion to $88 billion. Simultaneously, we’ve raised the annual dividend from $0.80 per share to $2.50 per share in 2017 (based on the annualized second quarter 2017 dividend).
Our ongoing goal is to responsibly manage our environmental footprint. That means we are always working to reduce our land consumption and water use, and investing in low or emission-less energy sources.
Positively contributing to the communities where we live and work is important to us. It’s also why in 2016 we invested $16.6 million in more than 1,200 non-profit organizations.
Our portfolio of complementary infrastructure assets and $23 billion of commercially supported near-term growth projects and $24 billion in medium to longer-term projects are expected to support annual dividend growth at the upper end of eight to 10 per cent through 2020, with an anticipated additional eight to 10 per cent growth in 2021. We’re well positioned to navigate an ever-evolving energy and business environment and energy landscape. With continued expected growth in each of our business lines, we expect to continue to grow our business for decades to come, delivering growing returns to our investors.
In the last five years, TransCanada has invested more than $142 million in technology development, supporting an internal research program as well as joint partnerships — an investment that pays off across the board. One example is our pioneering use of high-strength X-100 grade steel pipe. This thinner, stronger pipe allows us to transport greater volumes of natural gas at higher pressures – reducing costs and cutting greenhouse gas emissions.