Dec 3 (Reuters) - Fitch:
* FITCH ON CANADA SAYS HEADWINDS RISING IN 2019
* FITCH SAYS TRADE TENSIONS ARE A PERTINENT ISSUE IN CANADA GIVEN THEIR POTENTIAL IMPACTS ON COMMODITY MARKETS
* FITCH SAYS CANADA REMAINS IN GOOD SHAPE ECONOMICALLY HEADING INTO NEXT YEAR
* FITCH SAYS RECENT ELECTORAL SHIFTS AMONG SOME CANADIAN PROVINCES MOVED OVERALL NEEDLE TOWARD MORE CONSERVATIVE APPROACH TO TAXATION, PROGRAMS, FISCAL BALANCE
* FITCH SAYS DESPITE RECENT HOUSING MARKET COOLING, CANADIAN CONSUMERS REMAIN SUSCEPTIBLE TO RISING INTEREST RATES BY VIRTUE OF ITS HOUSING MARKET