RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2016

The following amounts are included in Due from affiliates:



		2016			2015
(millions of Canadian $)	Maturity Date	Outstanding December 31	Effective Interest Rate			Outstanding December 31	Effective Interest Rate

Discount Notes¹	November 2016	—	0.9	%		2,376	0.9	%
Credit Facility²	Demand	—	—			100	2.7	%
		—				2,476


1	In November 2016, discount notes were repaid in full by TransCanada. Proceeds from the repayment were used to partially repay the Acquisition Bridge Facility.


2	TCPL has an unsecured $3.0 billion credit facility issued to TransCanada. This facility is repayable on demand and bears interest at the prime rate per annum.

In 2016, Interest income and other included $19 million as a result of inter-affiliate lending to TransCanada (2015 - $29 million; 2014 - $37 million).

At December 31, 2016, Accounts receivable included nil due from TransCanada (December 31, 2015 - $13 million).

The following amounts are included in Due to affiliates:



		2016			2015
(millions of Canadian $)	Maturity Date	Outstanding December 31	Effective Interest Rate			Outstanding December 31	Effective Interest Rate

Credit Facility¹	December 2016	—	—			311	3.5	%
Credit Facility²	Demand	2,358	2.7	%		—	—
		2,358				311


1	TransCanada has an unsecured $3.5 billion credit facility with a subsidiary of TCPL. Interest on this facility is charged at the prime rate per annum.


2	TransCanada has an unsecured $3.0 billion credit facility with TCPL. Interest on this facility is charged at prime rate per annum. This credit facility includes $1.8 billion due to TransCanada related to the acquisition of Columbia. Refer to Note 5, Acquisition of Columbia for more information.

In 2016, Interest expense included $38 million of interest charges as a result of inter-affiliate borrowing (2015 - $28 million; 2014 - $37 million).

At December 31, 2016, Accounts payable and other included $19 million due to TransCanada (December 31, 2015 - $12 million).

The Company made interest payments of $36 million to TransCanada in 2016 (2015 - $29 million; 2014 - $37 million).