In episode 11 of season 2, or episode 3 of a water miniseries, the discussion centers on the legal system and water market in Southern Alberta. The podcast features guests Arlene Kwasniak, a law professor, and Davin MacIntosh, a water rights facilitator, who explore the intricacies of water law and transfers. The conversation highlights the historical and current frameworks governing water rights, the challenges of the "first in time, first in right" principle, and the complexities of water transfers. The episode also addresses the need for reforms in water management to ensure sustainability, equity, and adaptation to climate change. Listeners are encouraged to engage with ongoing consultations on water availability and management in Alberta.