BRIEF-New Canada finance minister speaks in Ottawa

Fri Nov 20, 2015 11:50am EST
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Nov 20 (Reuters) - Canada Deputy Finance Minister Rochon: not unusual to adjust private not unusual to adjust private-sector forecasts for govt outlook, oil price continued to fall since private-sector survey in oct

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* Canada's Morneau: it is not possible to cut our way to prosperity

* Canada's Morneau cites need for balance between fiscal responsibility and the government's campaign promises

* Canada's Morneau, asked if government will exceed planned deficits of up to c$10 billion, says "that's a good question"

* Canada's Morneau: we intend on keeping our election commitments

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* Canada's Morneau: too soon to say whether would go over C$10 billion deficit   Continued...