Archived - Minister Oliver Calls for G-7 Countries to Implement Growth Strategies to Lift Global Economy

May 27, 2015 – Dresden, Germany – Department of Finance

Finance Minister Joe Oliver will meet with his Group of Seven (G-7) colleagues this week in Dresden, Germany ahead of the G-7 Leaders Summit next month.

The meetings will focus on the challenges facing the global economy and on the efforts of the G-7 and G-20 to create stronger, more sustainable and balanced growth. The meetings will take place against the backdrop of a weak and uneven global recovery. The Minister will continue to call on his colleagues to swiftly implement the country-specific growth strategies that the G-20 committed to last year. If fully implemented, these strategies would increase the G-20’s collective gross domestic product (GDP) by 2.1 per cent by the year 2018.

Minister Oliver will encourage his G-7 colleagues to take decisive and resolute action to support global economic growth while following Canada’s example of responsible fiscal management, which has made the Canadian economy stronger and more resilient following the recession.

Melissa Lantsman
Director of Communications
Office of the Minister of Finance

David Barnabe
Media Relations
Department of Finance

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