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

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(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)

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