The Honourable Jim Flaherty, Minister of Finance, will be in the United Kingdom this week to advance Canada’s strong economic and fiscal leadership and to promote trade and investment.
“Canada continues to be in an enviable position among developed economies, with solid fundamentals and a credible plan to create jobs and growth, while staying on track to return to balanced budgets by 2015,” said Minister Flaherty. “Cooperating with our international partners and expanding trade and investment are key to our long-term prosperity.”
While in London on May 9, the Minister will participate in a panel at the Global Investment Conference, where he will discuss the global economy with international peers and highlight measures from Economic Action Plan 2013 aimed at boosting trade and investment.
The Minister will then travel to Buckinghamshire to meet with his colleagues from the Group of Seven (G-7) countries on May 10 and 11. The group will continue its tradition of holding informal talks on issues related to the global economy, including lessons learned from the global financial crisis and progress made on macroeconomic and financial reforms.
“The G-7 continues to be an important forum for discussing key economic issues in an open and frank way,” said Minister Flaherty.
“Canada continues to demonstrate leadership on the world stage. Our Government’s economic policies are working and have placed Canada on the right track, with the strongest economic growth and job creation over the recovery among G-7 countries,” said Minister Flaherty. “We urge all countries to follow a similar course by striking the right balance between creating incentives for jobs and economic growth, and reducing deficits and returning to balanced budgets.”