BRIEF-Canada's Morneau says facing level of growth less than expected

Mon Dec 7, 2015 4:35pm EST
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Dec 7 (Reuters) -

* Canada finance minister says facing level of economic growth less than expected during the campaign; intend to keep commitment to balance budget during mandate

* Canada finance minister, asked whether will stick to promise to keep budget deficit under C$10 billion ($7.40 billion) a year, does not give direct answer

* Canada finance minister, citing lower than expected oil price, says economy will be challenged; says will continue to move forward with investments

* Canada finance minister, asked whether government is considering more stimulus than planned, says will need to be prudent with investments

* Canada finance minister says paying very close attention to price of oil; says other parts of the economy doing well, cites exports ($1 = 1.3507 Canadian dollars) (Reporting By Leah Schnurr)