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TC Energy Corp
Symbol TRP
Shares Issued 1,041,935,074
Close 2026-07-14 C$ 96.43
Market Cap C$ 100,473,799,186
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Globe says TC Energy told LNG expansion plans get boost

2026-07-15 08:08 ET - In the News

The Globe and Mail reports in its Wednesday edition that five first nations have agreed to pay up to $1-billion for a majority equity stake in a massive storage tank that would be constructed if LNG Canada forges ahead with expansion plans at its export terminal at Kitimat, B.C. The Globe's Brent Jang writes that the transaction is contingent on LNG Canada's co-owners making a final investment decision later this year on expansion, at Kitimat, which has been exporting liquefied natural gas to Asia since mid-2025. Shell PLC-led LNG Canada is this country's first LNG export terminal. It is located on a sprawling industrial site on the Haisla Nation's traditional territory. But a group of indigenous leaders in B.C., including from the Wet'suwet'en Nation, sent a letter recently to pension funds to urge them to steer clear of making any investments that would support those expansion plans. LNG Canada's phase 2 proposal is on the list of significant ventures of national interest to be considered for fast-tracking by the federal government's Major Projects Office. In March, LNG Canada agreed to take the lead role in developing plans for the potential expansion of the Coastal GasLink pipeline to Kitimat operated by TC Energy.

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