Disguised

Shippers Protest TransCanada Conversion

The proposed business restructuring of TransCanada Corp.’s shaky natural gas Mainline is a thinly disguised bailout of the company that will cost its customers C$3.2 billion, said an Alberta government watchdog agency (see related story).

November 19, 2012

Shippers, Consumers: TransCanada Restructuring a Costly Band-Aid

The proposed business restructuring of TransCanada Corp.’s shaky natural gas Mainline is a thinly disguised bailout of the company that will cost its customers C$3.2 billion, said an Alberta government watchdog agency.

November 19, 2012