ARC ENERGY IDEAS
Join Peter Tertzakian and Jackie Forrest from the ARC Energy Research Institute as they explore trends that influence the energy business, including financial, political, environmental, technological, social and economic forces.
ARC ENERGY IDEAS
Progress on the Canada-Alberta MOU: A Conversation with Deborah Yedlin
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This week on the podcast, we welcome back Deborah Yedlin, President and CEO of the Calgary Chamber of Commerce.
Deborah returned to the show to discuss the April 1 deadline for key deliverables under the Canada-Alberta Memorandum of Understanding (MOU), signed in late November 2025.
The conversation covered a wide range of topics, including:
- The Iran conflict, the ongoing Strait of Hormuz closure, looming energy shortages, and global oil prices
- Progress on the four key deliverables from the Canada-Alberta MOU, including the agreements in principle reached before April 1 on methane regulations and the “One Project, One Review” framework where Alberta would lead environmental reviews. The discussion also covered delays in reaching an agreement on carbon pricing and the large-scale carbon capture and storage (CCS) projects. While the latter two items missed the deadline, both Premier Danielle Smith and Prime Minister Mark Carney signaled confidence that agreements will be reached. The discussion also explored whether shifting priorities due to the global energy shortage and affordability concerns could lead to greater flexibility in these requirements
- West Coast oil pipeline developments, including a discussion of the potential for alternative financing models for a greenfield 1 million barrel a day pipeline, considering the urgency and strategic importance of expanding export infrastructure for both Canada and Asian buyers at this time
Content referenced in this podcast:
- Canada and Alberta MOU (November 27, 2025)
- Canada and Alberta reach agreement-in-principle on methane equivalency (March 25, 2026)
- Canada and Alberta reach an agreement in principle to accelerate the construction of major projects in Alberta (March 6, 2026)
- Financial Post: Daniel Smith expects foreign investment to play a role in funding a new pipeline (March 3, 2026)
- Studio.Energy: The GDP Payoff of Additional Oil Pipeline Capacity (March 18, 2026)
- TC Energy President and CEO François Poirier: Canada can turn ambition into results, speech made at the Château Laurier (March 31, 2026)
- Studio.Energy: Beyond the Spike: What Oil Markets are Signaling (April 2, 2026)
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