FORM 6-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of March 2004 COMMISSION FILE NO. 1-31690 TRANSCANADA CORPORATION (TRANSLATION OF REGISTRANT'S NAME INTO ENGLISH) 450 - 1 STREET S.W., CALGARY, ALBERTA, T2P 5H1, CANADA (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F) Form 20-F Form 40-F X ----- ----- (Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.) Yes No X ----- ----- A copy of the Registrant's News Release dated February 24, 2004 announcing the agreement between National Energy & Gas Transmission, Inc. and TransCanada Corporation and certain subsidiaries (collectively "TransCanada") under which TransCanada will acquire Gas Transmission Northwest Corporation, subject to U.S. Bankruptcy Court approval and anti-trust review is furnished herewith as Exhibit 1. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. TRANSCANADA CORPORATION By: /s/ Rhondda E.S. Grant ----------------------------------------- Rhondda E.S. Grant Vice-President and Corporate Secretary March 5, 2004 EXHIBIT INDEX 1. News Release of the Registrant dated February 24, 2004 entitled "National Energy & Gas Transmission and TransCanada Announce Sale Agreement for Gas Transmission Northwest Corporation."