Kinder Morgan Canada Limited provided earnings guidance for the year 2018. For the year, the company expects to generate $474 million of adjusted EBITDA, and $349 million of distributable cash flow (DCF), respectively, with growth due primarily to the phased in-service of tanks at the new Base Line Terminal during the year and higher capitalized equity financing costs (or allowance for equity used during construction (AEDC)) associated with spending on TMEP (recognized in other income). Excluding AEDC, Adjusted EBITDA and DCF are budgeted to be $403 million and $278 million, respectively. Actual AEDC earnings will vary depending on the amount and timing of TMEP expenditures. Adjusted EBITDA including AEDC is lower than IPO forecast due to lower spend in 2017 and expected lower spend in 2018. The company end 2018 with a Net Debt-to-Adjusted EBITDA ratio of approximately 2.7 times.