BRIEF-Canada's Oliver: on track to balance budget in 2015

Thu Jan 15, 2015 1:59pm EST
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Jan 15 (Reuters) - Canada's Oliver: government on track to achieve budgetary balance in 2015-16

* Canada's Oliver: lower energy costs and lower C$ make manufacturing and other sectors more competitive

* Canada's Oliver: nominal GDP impact of cheaper oil will be negative, impact on real GDP broadly neutral in intermediate term

* Canada's Oliver: did not change our forecasting model for budget, using private sector as basis

* Canada's Oliver: not expecting real estate bubble (Reporting By Leah Schnurr)