TransCanada Reveals Record $2.54 Million Gift To United Way
CALGARY, ALBERTA--(Marketwire - Dec. 3, 2009) - TransCanada (TSX:TRP) (NYSE:TRP) raised a record-breaking $2.54 million from its 2009 United Way campaign through the efforts of its employees, contractors and retirees in regions across North America, an increase of more than $70,000 from 2008.
"TransCanada, its employees, contractors and retirees invest in building better communities because it makes good sense. Today's record donation demonstrates once again that by uniting as a company we can make a lasting difference in our community," says Alex Pourbaix, TransCanada president, Energy and executive vice-president, Corporate Development.
More than two-thirds of employees, contractors and retirees participated in TransCanada's 2009 campaign for United Way. TransCanada is among Western Canada's largest contributors to United Way and since 2000, has donated over $17 million. The campaign total will be distributed to approximately 100 United Way organizations located across North America.
"Through our partnership with TransCanada, we connect people and resources in effective, innovative ways resulting in the growth of vibrant, healthy and more self-sufficient communities where we work and live," said United Way of Calgary and Area president and chief executive officer Ruth Ramsden-Wood.
With more than 50 years' experience, TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure including natural gas pipelines, power generation, gas storage facilities, and projects related to oil pipelines. TransCanada's network of wholly owned pipelines extends more than 59,000 kilometres (36,500 miles), tapping into virtually all major gas supply basins in North America. TransCanada is one of the continent's largest providers of gas storage and related services with approximately 370 billion cubic feet of storage capacity. A growing independent power producer, TransCanada owns, or has interests in, over 11,800 megawatts of power generation in Canada and the United States. TransCanada's common shares trade on the Toronto and New York stock exchanges under the symbol TRP.
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