CALGARY—A planned move by TransCanada Corp. to change its name to TC Energy will help it attract investors who are “leery” of putting money in anything Canadian given the country’s recent difficulty in building energy projects, a U.S.-based financial analyst said Wednesday. TransCanada Corp. president and CEO Russ Girling addresses the company’s annual meeting in Calgary on April 27, 2018. TransCanada Corp. is changing its name to TC Energy. Indigenous people who are trying to stop a TransCanada subsidiary from building the Coastal GasLink natural gas pipeline project through disputed territory. On its website, TransCanada says it was founded in 1951 to develop the TransCanada Pipeline to bring natural gas from Western Canada to eastern customers.

Source: thestar January 09, 2019 13:27 UTC