Prime Minister Carney concludes 2025 G7 Leaders’ Summit

 

June 19, 2025

Global Korean Post

 

In an increasingly dangerous and divided world, co-operation with reliable partners is more important than ever. With G7 partners, Canada will build a new era of collaboration – one rooted in mutual support and resilient partnerships. Canada is ready to lead.

On June 17, the Prime Minister, Mark Carney, concluded his participation in the 2025 G7 Leaders’ Summit in Kananaskis, Alberta. Under Canada’s Presidency, this G7 deepened co-operation with joint statements in the following areas:

  • Securing critical minerals supply chains
  • Adopting, powering, and sharing artificial intelligence
  • Collaborating on quantum innovation
  • Preventing, fighting, and recovering from wildfires
  • Countering foreign interference, including transnational repression
  • Fighting transnational crime, such as migrant smuggling

 

Prime Minister Carney also announced the following measures in support of Ukraine:

  • Sanctions on individuals, entities, and vessels that continue to support Russia’s aggression in Ukraine.
  • An additional $2 billionin military assistance this year.
  • The disbursement of a $2.3 billionloan to Ukraine through the G7 Extraordinary Revenue Acceleration Loans mechanism.
  • The allocation of $57.4 million in security-related assistance.

Canada will also be taking action to build stronger economies and international systems:

  • $391.3million to catalyze private capital toward economic growth and development projects around the world.
  • Up to$185.6 million to accelerate the adoption and commercialization of artificial intelligence.
  • $120.4 millionto global wildfire prevention, response, and recovery.
  • $80.3 millionto build reliable critical minerals supply chains.
  • $22.5 millionto accelerate the development and use of quantum technologies.
  • Up to $544 millionin guarantees for new development financing in Latin America and the Caribbean.

 







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