Source: The Canadian Press, March 19, 2018
CALGARY – TransCanada Corp. says a recent U.S. tax ruling that eliminated a tax break for owners of certain interstate pipelines will have no material impact on its operations.
Shares in TransCanada had come under pressure following the decision.
The statement by the company follows a similar comment by Enbridge Inc. last week that said it did not expect a material change due to the ruling.
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