10 Best Canadian Stocks To Buy Right Now

10 Best Canadian Stocks To Buy Right Now: Transcananda Pipelines Ltd.(TRP)

Transcanada Corporation operates as an energy infrastructure company in North America. The company operates in three segments: Natural Gas Pipelines, Oil Pipelines, and Energy. The Natural Gas Pipelines segment develops and operates energy infrastructure, including natural gas pipelines and regulated gas storage facilities. Its network of natural gas pipelines extends approximately 60,000 km tapping into gas supply basins in North America. The Oil Pipelines segment operates Keystone crude oil pipeline system, which includes completed 3,467 km Wood River/Patoka and Cushing Extension phases, and the proposed 2,673 km U.S. Gulf Coast Expansion. The Energy segment engages in the acquisition, development, construction, ownership, and operation of electrical power generation plants; the purchase and marketing of electricity; the provision of electricity account services to energy and industrial customers; and the development, construction, ownership, and operation of non-regulat ed natural gas storage in Alberta. The company was founded in 1951 and is headquartered in Calgary, Canada.

Advisors' Opinion:

• [By Robert Rapier]

  TC PipeLines is an affiliate of TransCanada (NYSE: TRP, TSE: TRP). TransCanada’s network of natural gas pipelines covers over 35,000 miles throughout Canada, the US and Mexico. TransCanada also has approximately 400 billion cubic feet of natural gas storage capacity.

• [By Ari Charney]

  Indeed, Buffett supports the approval of TransCanada Corp's (NYSE: TRP, TSX: TRP) Keystone XL pipeline, which would transport Canadian unconventional crude to Gulf Coast refineries.

• [By Richard Stavros]

  In fact, by the end of 2014, about 2 million barrels of crude per day will be riding the rails around North America, according to pipeline oper! ator TransCanada Corp (NYSE: TRP). That will continue to help railways offset declining shipments of coal, a longtime mainstay.

• [By Robert Rapier]

  Of course Canada will build its own additional pipelines to the coast. TransCanada (NYSE: TRP) — the company behind Keystone XL — is planning a 4,500-kilometer Energy East pipeline that would carry 1.1-million barrels of crude oil per day from Alberta and Saskatchewan to refineries in Eastern Canada. This project alone would be nearly 50 percent larger than the Keystone XL, and will almost certainly get built. The project involves converting an existing natural gas pipeline to an oil transportation pipeline, constructing new pipelines to link up with the converted pipeline, and then building the associated facilities required to move crude oil from Alberta to Quebec and New Brunswick. This pipeline is expected to be in service to Quebec by 2017 and to New Brunswick by 2018. A recent open season for the project received over 900,000 bpd in shipping commitments for 20 years.

source from Top Stocks For 2015:http://www.topstocksblog.com/10-best-canadian-stocks-to-buy-right-now-3.html