Minister Morneau to attend World Economic Forum Annual Meeting

From: Department of Finance Canada

Canada's talented and highly educated workforce, backed by its strong financial sector and low business tax rate, makes Canada a good place to invest.

Minister of Finance, Bill Morneau, will promote Canada's strong economic position and the government's economic plan at the World Economic Forum Annual Meeting in Davos, Switzerland. Canada is committed to taking real and meaningful action by investing responsibly to build an economy that works for everyone, taking serious action to protect the environment and fight climate change, and creating more opportunities for Canadian businesses at home and abroad.

While in Davos, the Minister will also engage with his international counterparts to advance shared priorities, as well as with global business leaders to discuss ways to create new jobs for Canadians and encourage foreign investment in Canada.

Quotes

"In recent years, smart and targeted investments in people and communities have made Canada a global leader in economic growth. We must continue our work with our international partners to build an economy that works for everyone and create more jobs and opportunities for Canadians, while encouraging more foreign investment. "

- Bill Morneau, Minister of Finance

Quick facts

  • The World Economic Forum brings together the world's private, public, and civil society leaders in collaborative activities focused on shaping global, regional, and industry agendas. The forum is marking its 50th anniversary this year.

  • Minister of Finance Bill Morneau will be joined in Davos by Minister of Innovation, Science and Industry Navdeep Bains and by Minister of Small Business, Export Promotion and International Trade Mary Ng, each of whom will have their own program of meetings during the World Economic Forum Annual Meeting.

  • Canada's strong presence at the Forum underscores the importance of this meeting for shaping the international agenda and advancing economic opportunities for Canadians. Under the theme "Stakeholders for a Cohesive and Sustainable World," this year's forum will seek to establish an updated "Davos Manifesto 2020" that would enable governments and companies to have a better scorecard to gauge their work on fostering inclusive economic growth and protecting the environment.

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