The province's resource revenue is expected to increase from $3.3 billion in 2020/21 to $13.7 billion in 2021/22.
Resource revenue will be $9.1 billion higher in 2022/23 than projected last year.
Alberta's government finances deteriorated by roughly $97 billion over 15 years.
Reforms in the 1990s led to a marked decline in welfare dependency and reduced spending on social assistance.
If Alberta had followed Alaska’s model, Albertans could have received $101.5 billion in dividends.
Alberta became eligible for stabilization payments in 2015/16 and 2016/2017.
The Notley government recently released its third quarter fiscal update.
Jason Kenney, leadership candidate for Alberta’s United Conservative Party, called for reform to Canada’s equalization program.
Economic recovery in Alberta is crucial not just for Albertans, but for Canada’s public finances.