Canada says G7 finance meeting to focus on restoring stability, growth
ReutersMay 20, 2025 11:17 PM
BANFF, Alberta, May 20 (Reuters) - Finance ministers from the Group of Seven industrial democracies will try to agree on policies to restore global growth and stability, Canadian Finance Minister Francois-Philippe Champagne said on Tuesday, acknowledging that tensions over new U.S. tariffs would continue.
Champagne told a news conference the meetings over the next two days in the mountain resort town of Banff, Alberta, will be about "back to basics" and will include discussions about excess manufacturing capacity, non-market practices and financial crimes.
"I think to deliver for the citizens that we represent, our mission is really about restoring stability and growth," Champagne said.
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