We, the G7 Finance Ministers, held a virtual meeting on December 8, together with the Heads of the International Monetary Fund (IMF), World Bank Group (WBG), Organisation for Economic Co-operation and Development (OECD), and Financial Stability Board (FSB). We were also joined by Canada’s Minister of Energy and Natural Resources and Finance Ministers and their representatives, from Australia, Chile, India, Mexico, and the Republic of Korea for parts of the meeting.
We, the G7 Finance Ministers, met virtually on October 1, 2025, and agreed to take joint steps to increase pressure on Russia to end its continued brutal war against Ukraine and to support Ukraine in its ongoing efforts to defend itself.
Earlier this year the U.S. Secretary of the Treasury outlined the United States’ concerns regarding the Pillar 2 rules agreed by the OECD/G20 Inclusive Framework on BEPS and set out a proposed ‘side-by-side’ solution under which U.S. parented groups would be exempt from the Income Inclusion Rule (IIR) and Undertaxed Profits Rule (UTPR) in recognition of the existing U.S. minimum tax rules to which they are subject.
We began by reiterating our shared commitment to the G7. After 50 years of working together, transcending national differences and promoting global prosperity, the value of the G7 is clear.
Earlier today, the Office of the Auditor General of Canada tabled its fall report, one section of which examines the Canada Emergency Business Account (CEBA).
Canada and the United States have one of the strongest and closest relationships–particularly when it comes to trade and border security. Canada places the highest priority on border security and the integrity of our shared border.
We, the G7 Finance Ministers and Central Bank Governors, met on 25 October 2024 in Washington, DC. We were honoured to be joined by the Ukrainian Finance Minister Sergii Marchenko.
