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TC is also looking at developing two hydro-pumped storage projects in Ontario and Alberta to generate new revenue.

Alex Panetta/The Canadian Press

TC Energy Corp reported on Thursday a second-quarter profit, compared to a loss the prior three months, as the Canadian pipeline operator carried more volumes of crude following a recovery in fuel demand from pandemic lows.

Net income attributable to common shares rose to $982 million, or $1.00 per share, in the three months ended June 30, compared to a loss of $1.06 billion, or $1.11 per share, in the prior quarter.

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