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.
Today, G7 Finance Ministers and Central Bank Governors concluded their meeting in Banff, Alberta, which is part of Canada’s 2025 G7 Presidency. The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, and Tiff Macklem, Governor of the Bank of Canada, co-chaired the meeting.
As part of Canada’s G7 Presidency, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, and Bank of Canada Governor Tiff Macklem, will co-host the G7 Finance Ministers and Central Bank Governors’ Meeting in Banff, Alberta, from May 20 to 22. They will be joined by Finance Ministers and Central Bank Governors from the G7 countries (France, Germany, Italy, Japan, United Kingdom, United States) and the European Union.
Last month, Canadians called for a serious plan for change to address the rising cost of living that has eroded Canadians’ quality of life. Change that puts more money in the pockets of Canadians. Change that builds a more affordable Canada.
Following a meeting of the G7 Finance Ministers and Central Bank Governors hosted by Canada, as part of its G7 presidency, the Minister of Finance, the Honourable François-Philippe Champagne, will hold a virtual callback and take questions from the media.
The Minister of Finance, the Honourable François-Philippe Champagne, concluded his participation in the meetings of the G7 and G20 Finance Ministers and Central Bank Governors, this week in Washington, D.C.
As part of Canada’s G7 presidency, the Minister of Finance, the Honourable François-Philippe Champagne, will be in Washington, D.C. this week, to co-chair, with Bank of Canada Governor Tiff Macklem, a meeting of the G7 Finance Ministers and Central Bank Governors. This will be taking place on the margins of the 2025 Spring Meetings of the World Bank Group and International Monetary Fund.
The Minister of Finance, the Honourable François-Philippe Champagne, today confirmed that Canada’s new countermeasures announced last week in response to the unjustified tariffs imposed by the United States on the Canadian auto industry will come into force at 12:01 a.m. on April 9.