Code of Business Ethics

Code of Business Conduct and Ethics for Directors

Directors of the Corporation have a duty to manage or direct the management of the business and affairs of the Corporation and, as the general partner of the Partnership, the business and affairs of the Partnership.  In carrying out this duty, the Corporation expects directors to act honestly and in good faith with a view to the best interests of the Corporation.  To this end, the Board of Directors has committed itself to maintaining a high standard of corporate governance which incorporates as its basis principles of good conduct and high ethical behaviour.

To discharge their duties the Directors have adopted a Code of Business Conduct and Ethics.

Code of Business Ethics for the President and Chief Executive Officer, Chief Financial Officer and Controller

The Partnership and its unitholders expect honest and ethical conduct in all aspects of its business and to that end requires that all employees designated to perform work for the Corporation comply with the Code of Business Conduct and Ethics of TransCanada Corporation. In addition, with respect to the Corporation's principal and senior financial officers, the general partner requires such officers to acknowledge the heightened expectation as set out in the Code of Business Ethics for the President and Chief Executive Officer, Chief Financial Officer and Controller.

Code of Business Ethics for Employees

Employees (which includes all full-time and part-time employees) of TransCanada Corporation and its wholly owned subsidiaries and operated entities in Canada, the United States and Mexico are expected to act in a manner that will enhance the Company's reputation for honesty, integrity and reliability.

Related Information

TransCanada Corporation

In the field

Our general partner, TC PipeLines GP, Inc., is wholly-owned by TransCanada Corporation, one of the largest energy infrastructure companies in North America

Insider Trading Policy

Prohibits the unauthorized disclosure of any non-public information acquired in the workplace and the use of Material Non-public Information (defined below) in securities trading.