SUBSEQUENT EVENTS	12 Months Ended
Dec. 31, 2017
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 25 SUBSEQUENT EVENTS Management of the Partnership has reviewed subsequent events through February 26, 2018, the date the financial statements were issued, and concluded there were no events or transactions during this period that would require recognition or disclosure in the consolidated financial statements other than what is disclosed here and/or those already disclosed in the preceding notes. Partnership On January 23, 2018, the board of directors of our General Partner declared the Partnership's fourth quarter 2017 cash distribution in the amount of $1.00 per common unit and was paid on February 13, 2018 to unitholders of record as of February 2, 2018. The declared distribution totaled $76 million and was paid in the following manner: $71 million to common unitholders (including $6 million to the General Partner as holder of 5,797,106 common units and $11 million to another subsidiary of TransCanada as holder of 11,287,725 common units) and $5 million to our General Partner, which included $2 million for its effective two percent general partner interest and $3 million of IDRs payment. On January 23, 2018, the board of directors of our General Partner declared distributions to Class B unitholders in the amount of $15 million which was paid on February 13, 2018. The Class B distribution represents an amount equal to 30 percent of GTN's distributable cash flow during the year ended December 31, 2017 less $20 million. Northern Border Northern Border declared its December 2017 distribution of $15 million on January 8, 2018, of which the Partnership received its 50 percent share or $7 million on January 31, 2018. Northern Border declared its January 2018 distribution of $17 million on February 14, 2018, of which the Partnership will receive its 50 percent share or $9 million on February 28, 2018. Great Lakes Great Lakes declared its fourth quarter 2017 distribution of $20 million on January 10, 2018, of which the Partnership received its 46.45 percent share or $9 million on February 1, 2018. Iroquois Iroquois declared its fourth quarter 2017 distribution of $29 million on January 22, 2018, of which the Partnership received its 49.34 percent share or $14 million on February 1, 2018. The $14 million includes our proportionate share of Iroquois' unrestricted cash amounting to $2.6 million (refer to Note 7). PNGTS On January 2, 2018, PNGTS paid the amount due on December 31, 2017 on its 2003 Senior Secured Notes amounting to $6 million representing $6 million in principal and nil in interest pursuant to the terms of the Note Purchase agreement. Under the agreement, any principal and interest that is due on a date other than a normal business day shall be made on the next succeeding business day without additional interest or penalty.

NOTE 25 SUBSEQUENT EVENTS

Management of the Partnership has reviewed subsequent events through February 26, 2018, the date the financial statements were issued, and concluded there were no events or transactions during this period that would require recognition or disclosure in the consolidated financial statements other than what is disclosed here and/or those already disclosed in the preceding notes.

Partnership

On January 23, 2018, the board of directors of our General Partner declared the Partnership's fourth quarter 2017 cash distribution in the amount of $1.00 per common unit and was paid on February 13, 2018 to unitholders of record as of February 2, 2018. The declared distribution totaled $76 million and was paid in the following manner: $71 million to common unitholders (including $6 million to the General Partner as holder of 5,797,106 common units and $11 million to another subsidiary of TransCanada as holder of 11,287,725 common units) and $5 million to our General Partner, which included $2 million for its effective two percent general partner interest and $3 million of IDRs payment.

On January 23, 2018, the board of directors of our General Partner declared distributions to Class B unitholders in the amount of $15 million which was paid on February 13, 2018. The Class B distribution represents an amount equal to 30 percent of GTN's distributable cash flow during the year ended December 31, 2017 less $20 million.

Northern Border

Northern Border declared its December 2017 distribution of $15 million on January 8, 2018, of which the Partnership received its 50 percent share or $7 million on January 31, 2018.

Northern Border declared its January 2018 distribution of $17 million on February 14, 2018, of which the Partnership will receive its 50 percent share or $9 million on February 28, 2018.

Great Lakes

Great Lakes declared its fourth quarter 2017 distribution of $20 million on January 10, 2018, of which the Partnership received its 46.45 percent share or $9 million on February 1, 2018.

Iroquois

Iroquois declared its fourth quarter 2017 distribution of $29 million on January 22, 2018, of which the Partnership received its 49.34 percent share or $14 million on February 1, 2018. The $14 million includes our proportionate share of Iroquois' unrestricted cash amounting to $2.6 million (refer to Note 7).

PNGTS

On January 2, 2018, PNGTS paid the amount due on December 31, 2017 on its 2003 Senior Secured Notes amounting to $6 million representing $6 million in principal and nil in interest pursuant to the terms of the Note Purchase agreement. Under the agreement, any principal and interest that is due on a date other than a normal business day shall be made on the next succeeding business day without additional interest or penalty.