TransCanada Corp Faces Safety Review

The Financial Post reported that TransCanada Corp. will be audited by Canadian regulators to ensure whether pipelines meet safety and management standards.

As quoted in the market report:

The audit will focus on TransCanada’s ongoing and completed remediation measures referenced in the Board’s compliance letter to verify that they adequately address regulatory non-compliances and mitigate any safety threats to people or the environment,” the regulator said.

To view the whole Financial Post report, click here.