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The government’s ability to post a surplus this year was aided by the fact that instead of setting aside the usual $3-billion reserve fund, it is now only setting aside $1 billion as a contingency in 2015-16 and for the following two years. By relying on the $2-billion difference that this accounting measure supplied, Oliver was able to avoid the political embarrassment that would have surrounded the Tories if they were to go into this year’s election with the finances still in deficit.

In a speech to the House of Commons, Oliver said the surplus will put Canada on a more solid footing.

“It strengthens our ability to respond to the unavoidable and unexpected in a volatile world,” he said.

“And it means we can leave our children and grandchildren an even more secure and prosperous country, not a hangover from reckless selfishness.”

But the Tories are also keen to draw voters’ attention to the money that is being spent. With an eye on securing the votes of families and of seniors, the Conservatives are moving quickly to deliver specific tax breaks in a range of areas.

Among the announcements:

– Canadians will be able to put more money — $10,000 a year – in tax-free savings accounts.

– Seniors will benefit from relaxed rules about their RRIFs.

– Compassionate care benefits for those looking after a gravely ill family member will be extended from six weeks to six months.

– Seniors and people with disabilities will be able to claim a new tax credit for renovations that make homes more accessible, such as ramps and walk-in bathtubs.