The Munk Debates Podcast Munk Dialogue with Andrew Coyne: Ottawa and Alberta agree to energy deal and why two-tier care is not the solution to Canada's healthcare problems
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Nov 25, 2025 
Andrew Coyne, a keen journalist and political commentator deeply immersed in Canadian politics, joins the discussion. He delves into the recent pipeline agreement between Ottawa and Alberta, questioning the necessity and feasibility of new energy projects. The conversation shifts to the challenges of carbon pricing and climate commitments. Coyne also critiques the Alberta government's mixed healthcare model, arguing that true reform requires more than just offering private care; it demands a fundamental shift away from fee-for-service practices.
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Pipeline Deal Reflects Policy Compromise
- A federal-provincial pipeline deal signals mutual policy compromise rather than a simple win for either side.
- Dropping the federal emissions cap while tightening Alberta's industrial carbon price could be a net policy improvement.
Carbon Capture Depends On Carbon Price
- Carbon capture economics hinge on the carbon price level and may need subsidies at lower prices.
- Raising the carbon price enough could make sequestration economic without direct subsidies.
Industrial Pricing Can Mimic Carbon Taxes
- A tightened industrial price could create demand for carbon credits produced by sequestration projects.
- That demand effectively mimics a carbon tax by internalizing emissions costs into industry operations.