In a world marked by uncertainty and division, Canada is building a stronger and more resilient economy by forging strategic partnerships with like-minded partners abroad, and by advancing a strong economic plan at home.
The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, today completed a productive trip to Paris, France, where he participated in the G7 Finance Ministers and Central Bank Governors meeting. This meeting was an opportunity both to discuss pressing global issues and to advance Canada's trade diversification efforts.
The Minister also used this opportunity to congratulate the Minister of the Economy, Finance, and Industrial, Energy, and Digital Sovereignty of France, Roland Lescure, for the progress made so far under France's G7 presidency,and thanked him for hosting this meeting as well as the upcoming G7 Leaders' Summit in Évian.
Minister Champagne had productive discussions with other counterparts and leaders on the global economy, global imbalances, critical minerals, international development, financial sector stability, and Russia's illegal war against Ukraine. He also had the opportunity to highlight Canada's commitment to prevent the exploitation of the financial system to perpetuate crimes that undermine the safety of our communities.
On the margins of the meeting, Minister Champagne had meetings with international partners - including Italy, Japan, South Korea and Brazil - to advance Canada's priorities, including strengthening economic partnerships, expanding trade opportunities, and attracting investment to Canada. He also spoke with partners about the need for increased financing for the defence and security sector, critical minerals, and the benefits of the proposed Defence, Security and Resilience Bank (DSRB).
