Good morning. An energy agreement between Ottawa and Alberta is set to be unveiled in Calgary today, with it, bringing potential for new harmony and strain. More on that below, along with holiday shopping and party planning. But first:

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Hi, I’m Stephanie Levitz and I’m a senior reporter in The Globe’s Parliament Hill bureau.

The work we do often touches on the intersection between politics and policy. The tension between those two things is expected to be on full display today when Prime Minister Mark Carney and Alberta Premier Danielle Smith meet to sign off on a new approach to energy resource development.

The Globe has reported that in the agreement, Ottawa is expected to support new resource development in the province – including a potential new pipeline to the B.C. coast – and would be willing to waive some environmental regulations for that to happen. In exchange, Alberta is expected to do more to combat greenhouse gas emissions.

Both Carney and Smith will deliver their own speeches in Calgary today laying out their visions for what this new deal means and can achieve, and both are already framing it as a milestone moment.

Carney’s election earlier this year did reset the relationship between the federal and the provincial governments, and nowhere was that reset more apparent than in Alberta.

Earlier this fall, Smith told reporters she found more common ground with Carney than she ever did in any other meeting with a prime minister.

For his part, Carney has used numerous opportunities to stress his support for the province – including launching his Liberal leadership bid there.

Part of his campaign pitch to Canadians was turning this country into an energy superpower by championing new natural resources projects in places such as Alberta, and promising to get them built far faster than they have in the past.

The Liberals’ vote share in Alberta jumped in the April election, a marked development in the context of the brewing separatist movement in that province.

For Smith, the deal arrives at an auspicious moment – her United Conservative Party is holding a convention this weekend and she’s been under pressure to prove she can turn her newly friendly relationship with Ottawa into something concrete.

But there is internal political pressure for Carney too.

Within the Liberal caucus are many MPs – and even cabinet ministers – that were first elected under former leader Justin Trudeau because of his focus on addressing climate change. They view Carney’s willingness to remove environmental protections, even in a limited way, as walking back more than a decade of progress, and are still chewing over how they will respond.

Some First Nations leaders are also left wondering what happened to Carney’s promise that they would be at the table for major resource development decisions – though he continues to stress that any new pipeline requires their support.

Then, add B.C. Premier David Eby into the mix, who has expressed anger and dismay that Carney and Smith were set to agree on a pipeline to his coast without having him involved for those talks.

Speaking to reporters late yesterday after an unrelated announcement, Carney said the deal with Alberta is bigger than any single detail.

“It’s about building the country,” he said.

The Shot