The PBO projects in 2042 Alberta will have more debt relative to the size of its economy than Ontario.
Ontario’s debt grew by 107 per cent over 10 years.
Over a ten-year period, Canada’s general government gross debt rose from 69 per cent to 87 per cent.
Between now and 2022/23, Alberta’s per-person debt is projected to grow by 157 per cent.
The ratio of household net worth-to-GDP has risen over time.
Trudeau expected to increase per-person federal debt by 5 per cent by 2019.