Dec 9 (Reuters) - Moody's:
* MOODY'S SAYS 2021 OUTLOOK FOR CANADIAN PROVINCES NEGATIVE BASED ON FISCAL EFFECTS OF CORONAVIRUS AND CONTINUED DOWNWARD RISKS
* MOODY'S SAYS 2021 OUTLOOK FOR CANADIAN REGIONAL GOVTS IS NEGATIVE, AS PROVINCES WILL FACE ONGOING SOCIAL SPENDING PRESSURES DUE TO PANDEMIC
* MOODY'S SAYS MULTI-YEAR DEFICITS ARE EXPECTED TO ARISE FOR MOST CANADIAN PROVINCES
* MOODY'S SAYS CANADA'S OIL PRODUCING PROVINCES WILL ALSO FACE ONGOING FISCAL CHALLENGES STEMMING FROM THE RELATIVELY LOW OIL PRICE ENVIRONMENT