Exhibit 99.1

NewsRelease  

TransCanada to Present at CIBC World Markets

Whistler Institutional Investor Conference

CALGARY, Alberta – January 17, 2013 – Russ Girling, president and chief executive officer for TransCanada Corporation (TSX, NYSE: TRP) (TransCanada) will be presenting on January 24, 2013 at the CIBC World Markets – 2013 Whistler Institutional Investor Conference in Whistler, British Columbia.

The presentation, which begins at 10:35 a.m. PST, will be audio webcast and available in the Investor Centre section of TransCanada’s website at http://www.transcanada.com/events-presentations.html

With more than 60 years’ experience, TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure including natural gas and oil pipelines, power generation and gas storage facilities. TransCanada operates a network of natural gas pipelines that extends more than 68,500 kilometres (42,500 miles), tapping into virtually all major gas supply basins in North America. TransCanada is one of the continent's largest providers of gas storage and related services with over 400 billion cubic feet of storage capacity. A growing independent power producer, TransCanada owns or has interests in over 11,800 megawatts of power generation in Canada and the United States. TransCanada is developing one of North America's largest oil delivery systems. TransCanada's common shares trade on the Toronto and New York stock exchanges under the symbol TRP. For more information visit: www.transcanada.com or check us out on Twitter @TransCanada or http://blog.transcanada.com.

- 30 -

TransCanada Media Enquiries:

Shawn Howard/Grady Semmens

403.920.7859 or 800.608.7859

TransCanada Investor & Analyst Enquiries:

David Moneta/Lee Evans 

403.920.7911 or 800.361.6522