Federal budget 2015: Highlights of Joe Oliver's fiscal plan

By Laura Payton, CBC News Posted: Apr 21, 2015 4:18 PM ET Last Updated: Apr 21, 2015 4:18 PM ET

The federal budget tabled in Parliament Tuesday includes tax breaks meant to appeal to voters in the coming election, while returning the Conservatives to surplus after seven years of deficits. (Sean Kilpatrick/Canadian Press)

Federal Budget 2015

Finance Minister Joe Oliver has tabled his first federal budget in the House of Commons.

Here's a look at the budget's key points:

• $1.4 billion surplus this year, down from $6.4 billion projected a year ago and $1.9 billion in November.
• Economy expected to grow by 2 per cent this year.
• Annual contingency fund cut by $6 billion over next three years.
• TFSA annual limit raised to $10,000 from $5,500.
• Small business tax rate cut to 9 per cent from 11 per cent by 2019.
• Accelerated capital cost allowance for industry extended 10 years.
• $360 million this year to pay for Canada's mission against ISIS.
• Annual hikes of 3 per cent for National Defence, which has let billions in funds lapse in recent years.
• $18 million this year to fight terrorism – rising to $91 million in five years.
• $94.4 million over five years for cyber security.
• SIRC, the CSIS watchdog, sees budget doubled to $5 million.
• Seniors at age 71 can leave more money in tax-sheltered Registered Retirement Income Funds.
• EI compassionate care benefits extended to 6 months from current 6 weeks.
• Home Accessibility Tax Credit for home renovations for seniors and people with disabilities.
• $210 million over four years to celebrate Canada's 150th birthday in 2017.
• Interns will be brought under the Canada Labour Code.
• $1.1 million a year to promote Canadian seal products.
• $75 million to implement the Species at Risk Act for next three years.