What's your argument here, Waldo?
that emphasis on equalization is misplaced; that, overall, a province's so-called 'fiscal gap' reflects upon federal transfers from/to provinces in terms of revenue versus expenditure. Specifically to Alberta's fiscal gap, {covering the period 2007-2016}, the supplied graphic identifies respective sources of Alberta's fiscal gap, showing personal income taxation as the key/principal determiner of that fiscal gap... a determiner that simply reflects upon the disproportionate wealth of Albertans. As a representation of that Alberta disproportionate wealth, the second graph presents, per province, median after-tax income for Canadian families.