Canada to discuss coordinated global response to COVID-19 at G7, G20, and annual meetings of the IMF and the World Bank

News release

October 10, 2020 - Ottawa, Ontario - Department of Finance Canada

The COVID-19 pandemic has affected nearly all aspects of life and economies around the world. Canada is committed to working with its partners to stop COVID-19 and to address its devastating health, social, and economic impacts on people across the world.

The Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, will attend several multilateral virtual meetings over the next week, beginning with Monday’s Coalition of Finance Ministers for Climate Action. The Deputy Prime Minister will also attend virtual meetings of the G7 and G20 Finance Ministers and Central Bank Governors on October 13 and October 14.

On October 15, the Deputy Prime Minister will participate in the virtual 2020 Annual Meeting of the International Monetary Fund (IMF) International Monetary and Financial Committee. The Minister of International Development, the Honourable Karina Gould, will participate in the IMF-World Bank Development Committee meeting on October 16. At these meetings, ministers will discuss the actions the IMF and World Bank have taken to address the needs of member countries in response to the COVID-19 crisis as well as next steps to continue to support people.

Quotes

“As COVID-19 cases continue to rise in Canada and around the world, our government continues to recognize that our economic outcomes are tied to our public health outcomes. The global economy relies on the strength of all of us and on our collaboration to control and fully contain COVID-19. This week’s conversations are so important, and I look forward to continuing our work together to confront this immense global challenge.”

- The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance

“The social, economic, and health impact COVID-19 has had in Canada, and around the world, has been unprecedented. We must meet these challenges while supporting the most vulnerable, and ensuring a resilient, sustainable recovery. Our collective response will help determine our shared recovery. Working together we will get through this.”

- The Honourable Mona Fortier, Minister of Middle Class Prosperity and Associate Minister of Finance

“As we continue to fight COVID-19, countries must stand together and work to support one another. This week’s meetings with the World Bank Group and partners will help respond to vulnerable countries pandemic needs by enabling equitable access to COVID-19 vaccines, supporting the stabilization of economies and helping prepare for recovery. We also made sure that key Canadian priorities, including promoting gender equality and reducing the effects of climate change, continue to be central considerations in our collective response. Together, we can build a more resilient world.”

- The Honourable Karina Gould, Minister of International Development

Associated links

Contacts

Media may contact:

Katherine Cuplinskas
Press Secretary
Deputy Prime Minister's Office
Katherine.Cuplinskas@dpmo-cvpm.gc.ca

Media Relations
Department of Finance Canada
fin.media-media.fin@canada.ca
613-369-4000

General enquiries

Phone: 613-369-3710
Facsimile: 613-369-4065
TTY: 613-369-3230
E-mail: fin.financepublic-financepublique.fin@canada.ca

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