The province expects a $15.5 billion budget deficit next year.
Alberta's net government debt will reach a projected $90.1 billion by 2022/23.
The cost of servicing the province’s debt has increased to more than $2 billion.
Canada's equalization program cost Alberta taxpayers approximately $3.1 billion in 2017.
Alberta has blown through $75 billion in financial assets since 2007/08.
The province's net government debt will climb to approximately $55 billion this year.
By 2022/23, the province will have accumulated an estimated $46.6 billion in net debt.
Alberta saw spending reductions of 20 per cent during the reforms of the 1990s.