Episode Details

Alberta Premier Danielle Smith and Prime Minister Mark Carney are racing to finalize an energy deal, with Smith expressing optimism that it could be done in days. The agreement, signed last November, aims to scrap a federal emissions cap on oil and gas and ease Albertas clean energy rules. In exchange, Alberta plans to increase its industrial carbon price. Despite missing a deadline, both parties are working on timelines and long-term plans. Smith met with Carney in Ottawa, emphasizing the urgency for a memorandum of understanding. Oil and gas leaders are concerned about the impact of carbon pricing on Canadas global market competitiveness. Smith is seeking federal support for a massive carbon capture project linked to a proposed million-barrel-a-day pipeline from Alberta to British Columbias coast. Amidst this, a separatist movement in Alberta is gaining momentum, with a referendum vote on the horizon. Carney acknowledges that more work is needed to strengthen the relationship between Ottawa and the province. The stakes are high, with Albertas economy at risk and the future of the pipeline hanging in the balance.

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