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Natural Gas

Apr 25, 2008

Payments boost TransCanada profit

“Strong first-quarter earnings and cash flow from our pipelines and energy businesses are the result of TransCanada's focus on quality investment opportunities in markets where we have expertise and competitive advantage”

CALGARYTransCanada Corp. has reported a 69 per increase in first-quarter net profit to $449 million, boosted by $152 million realized from Calpine bankruptcy restructuring settlements. via The Toronto Star

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