TransCanada shareholders agree to drop 'Canada' from the name

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The company is now to be called TC Energy Corp., after shareholders approved the change at its annual meeting Friday.

CALGARY — TransCanada Corp. is officially dropping the “Canada” from its name, but CEO Russ Girling isn’t saying he expects it will make it any easier to get pipelines approved in Canada or the United States.

The company said the name change recognizes its growth into the United States and Mexico, including through its recent US$13-billion purchase of U.S. natural gas transporter Columbia Pipeline Group. “I think the name change is semantics,” U.S.-based analyst Jennifer Rowland of Edward Jones wrote in an email.

 

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