Minister Morneau Concludes G7 Meeting


Minister Morneau Concludes G7 Meeting


July 19, 2019

Global Korean Post

The G7 Leaders Summit will take place in Biarritz, France, August 24 to 26.

Canada is the only G7 country that has a free trade agreement with every other G7 country.


According to the International Monetary Fund, Canada is expected to be the second-fastest-growing G7 economy in 2019 and to tie for the fastest-growing G7 economy in 2020.

Canada has the lowest net debt-to-GDP (gross domestic product) ratio among G7 countries.


Over the last two days Minister Morneau met with his G7 counterparts to discuss ways governments can collectively help more people find jobs, save money, and prepare for the future in the face of emerging challenges.


This includes discussions around giving women more opportunities to participate fully in the economy, as well as helping middle class families with the rising costs of living.


The Minister also highlighted the importance of open and fair international trade to a strong global economy, and reemphasized the Government’s commitments to stand up on behalf of Canadian workers.