G&M It also announced four new growth projects aligned with increasing demand for natural gas and nuclear power generation, which would total to nearly $1.5-billion in capital expenditure.
One of the projects includes expanding power generation at its Ontario nuclear plant, Bruce Power, by adding 90 megawatts, largely due to rising power demand in the region.
TC Energy also said nearly 97 per cent of its outlook was underpinned by rate regulation, along with long-term take-or-pay contracts.