BRIEF-Canada's Morneau: effects of lower C$ may take longer to show
March 30 (Reuters) -
* Canada Finance Minister Morneau: expected U.S. recovery remains a positive for Canada, "but only if it keeps growing"
* Morneau: ongoing financial market vulnerability can erode confidence; says "we are all watching China's rebalancing economy attentively"
* Morneau: positive effects of lower C$ may take longer to materialize as manufacturing sector adjusts after long period where currency was strong (Reporting by David Ljunggren)
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