{"id":641538,"date":"2026-05-01T20:47:09","date_gmt":"2026-05-01T20:47:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/641538\/"},"modified":"2026-05-01T20:47:09","modified_gmt":"2026-05-01T20:47:09","slug":"tc-energy-backs-1-5b-pipeline-expansion-in-the-u-s","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/641538\/","title":{"rendered":"TC Energy backs $1.5B pipeline expansion in the U.S."},"content":{"rendered":"<p class=\"b-date-custom__date-item\">Updated:\u00a0May 01, 2026 at 2:55PM EDT<\/p>\n<p class=\"b-date-custom__date-item\">Published:\u00a0May 01, 2026 at 7:31AM EDT<\/p>\n<p class=\"c-paragraph\">CALGARY \u2014 <a href=\"https:\/\/www.bnnbloomberg.ca\/stock\/TRP:CT\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.bnnbloomberg.ca\/stock\/TRP:CT\/\">TC Energy Corp<\/a>. announced plans to expand its Columbia Gas system in the U.S. as it reported $899 million in net income attributable to common shareholders for its first quarter, down from $978 million a year earlier.<\/p>\n<p class=\"c-paragraph\">The pipeline company says the profit amounted to 86 cents per share for the quarter ended March 31, down from 94 cents per share in the first quarter of 2025.<\/p>\n<p class=\"c-paragraph\">TC Energy says <a href=\"https:\/\/www.bnnbloomberg.ca\/press-releases\/2026\/05\/01\/tc-energy-reports-strong-first-quarter-2026-operating-and-financial-results\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.bnnbloomberg.ca\/press-releases\/2026\/05\/01\/tc-energy-reports-strong-first-quarter-2026-operating-and-financial-results\/\">it comparable earnings for its latest quarter amounted to 99 cents per share, up from 95 cents per share<\/a> a year earlier.<\/p>\n<p class=\"c-paragraph\">Revenue for the quarter totalled $3.86 billion, up from $3.62 billion in the same quarter last year.<\/p>\n<p class=\"c-paragraph\">TC Energy\u2019s Columbia Gas system extends from New York state to the Midwest and Southeast.<\/p>\n<p class=\"c-paragraph\">The Appalachia Supply Project is estimated to cost US$1.5 billion and is expected to enter service in 2030.<\/p>\n<p class=\"c-paragraph\">This report by The Canadian Press was first published May 1, 2026.<\/p>\n<p class=\"c-paragraph\">Read more:<\/p>\n","protected":false},"excerpt":{"rendered":"Updated:\u00a0May 01, 2026 at 2:55PM EDT Published:\u00a0May 01, 2026 at 7:31AM EDT CALGARY \u2014 TC Energy Corp. announced&hellip;\n","protected":false},"author":2,"featured_media":641539,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[45,49,48,14236,14237],"class_list":["post-641538","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ca","tag-canada","tag-oilgas","tag-utilities"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/641538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=641538"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/641538\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/641539"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=641538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=641538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=641538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}