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CBC News Posted: Apr 21, 2015 12:00 PM ET Last Updated: Apr 21, 2015 5:38 PM ET
CBC News has full coverage planned for Finance Minister Joe Oliver's budget — with news, analysis, a live chat, livestreaming video of CBC News Network's special budget programming.
- FULL STORY | Conservatives dig into contingency to hit budget surplus
- Federal budget 2015: Highlights of Joe Oliver's fiscal plan
- Watch CBC News budget special LIVE here
- Can't see the live blog? Click here
- More 2015 federal budget coverage
- Read the budget (PDF)
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.
Here's what CBC News has planned for budget day:
- Our budget live chat continues right here at 5 p.m. ET, as guest experts take your questions about today's numbers.
- For analysis and reaction, watch Power & Politics with Evan Solomon at its regular time of 5 to 7 p.m. ET on CBC News Network and streaming on CBCnews.ca, followed by The Exchange with Amanda Lang at 7 p.m. ET and The National at 9 p.m. ET.
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