Source: The Canadian Press

Highlights from Thursday’s federal budget for 2010-11:

• Total spending of $280.5 billion, up $12.8 billion over last year.

• Deficit of $49.2 billion.

• Total debt rises to $566.7 billion.

• Basic personal income-tax exemption (the amount you can earn before paying any taxes) for 2010 rises to $10,382.

• $3.2 billion in personal income-tax relief, largely through raising the basic personal tax exemption and higher child benefits for parents.

• Plan to reduce the deficit to $1.8 billion by 2014-15, largely by ending stimulus funding next year and restraining program spending.

• $7.7 billion in stimulus money for infrastructure.

• $4 billion for extra EI benefits and training.

• Freeze on EI premium rate (paid by workers and employers) until the end of 2010. Rate will likely rise in 2011.