Canada PM Trudeau: 'We have real challenges in the economy'

August 26, 2016 2:23 PM EDT

Canada's Prime Minister Justin Trudeau takes part in a news conference in Ottawa, Ontario, Canada, June 22, 2016. REUTERS/Chris Wattie

Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here.

(Reuters) - The Canadian economy is facing real challenges, in part because it is so dependent on trade, Prime Minister Justin Trudeau told a televised news conference on Friday.

"We know we have real challenges in the economy," he said. Trudeau did not answer directly when asked whether his government would be able to stick to its plan to limit the 2016/17 budget deficit to C$29.4 billion ($22.6 billion).

(Reporting by David Ljunggren; Editing by Phil Berlowitz)

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories


Add Your Comment