Archived - Canada Promotes Jobs and Growth at G-20 Meeting in Australia
February 21, 2014 – Sydney, Australia – Department of Finance
Finance Minister Jim Flaherty will meet with the Group of 20 (G-20) finance ministers in Sydney, Australia, this weekend where discussions will focus on supporting stronger economic growth, increasing employment and developing growth strategies.
Ministers will also discuss ways to improve the long-term investment climate of G-20 countries, with a particular focus on infrastructure investments and making reforms to the international tax system.
In addition, they will continue their work toward important reforms in the areas of financial regulation and International Monetary Fund governance.
Minister Flaherty will promote the need to balance job creation and economic growth with the need to reduce debts and deficits, as Canada is doing with its Economic Action Plan.
- This is the first G-20 meeting of finance ministers and central bank governors this year under Australia’s presidency. The last time G-20 members met in Australia was in 2006 in Melbourne.
- The G-20 is the premier forum for international economic cooperation, with members accounting for 85 per cent of global output and two-thirds of the world’s population.
- The G-20’s focus has been and remains to coordinate national economic policies to contribute to strong, sustainable and balanced growth.
Office of the Minister of Finance
Department of Finance
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