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Reuters: TransCanada probed by regulator over safety allegations

Mar. 18, 2015 3:54 PM ETTC Energy Corporation (TRP) Stock, TRP:CA StockTRPBy: Carl Surran, SA News Editor2 Comments
  • Canada's National Energy Board reportedly is investigating up to a dozen new allegations of gas pipeline safety code violations at TransCanada (TRP +1.9%).
  • Documents reviewed by Reuters show the allegations include faulty or delayed repairs, sloppy welding work and a failure to report key issues to the regulator.
  • It would mark the second time in recent years that Canada's energy regulator has investigated safety practices at the pipeline company following complaints by a whistleblower.

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