The Case to Revive TC Energy's Line 2 Into Eastern Canada -- Market Talk

Dow Jones

03/03

0723 ET - National Bank Capital Markets makes the case to bring TC Energy's Mainline Line 2 back into play, restoring a natural gas pipeline to Ontario and Quebec. The company is currently evaluating market support and technical feasibility for an expansion of its about 6 billion cubic feet a day Mainline into Eastern Canadian markets. National Bank analysts note Line 2 has been inactive since 2013, representing an opportunity to bring it back into service for a relatively modest capital investment, including additional compression and/or looping through Ontario, adding 0.8 billion-plus a day of capacity. This natural gas supply would be enough to support the buildout of about 5 gigawatts of new combined cycle power generation capacity, 20% of Ontario's peak demand, they say. It also fits with Ottawa's defense industrial strategy, and would build a stronger east-west energy corridor. (robb.stewart@wsj.com)

(END) Dow Jones Newswires

March 03, 2026 07:23 ET (12:23 GMT)

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The company is currently evaluating market support and technical feasibility for an expansion of its about 6 billion cubic feet a day Mainline into Eastern Canadian markets. National Bank analysts note Line 2 has been inactive since 2013, representing an opportunity to bring it back into service for a relatively modest capital investment, including additional compression and/or looping through Ontario, adding 0.8 billion-plus a day of capacity. This natural gas supply would be enough to support the buildout of about 5 gigawatts of new combined cycle power generation capacity, 20% of Ontario's peak demand, they say. It also fits with Ottawa's defense industrial strategy, and would build a stronger east-west energy corridor. (robb.stewart@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 03, 2026 07:23 ET (12:23 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BMG7P702.HKD","symbol_name":"FTGF CLEARBRIDGE GLOBAL INFRASTRUCTURE INCOME \"A\" (HKD) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2616347581","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2616347581","pubTimestamp":1772540580,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0723 ET - National Bank Capital Markets makes the case to bring TC Energy's Mainline Line 2 back into play, restoring a natural gas pipeline to Ontario and Quebec. 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(robb.stewart@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  March 03, 2026 07:23 ET (12:23 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}