The financial minister of G7 countries gathered in Banff star-news.press/wp

On Tuesday, the financial ministers of G7 countries meet Banff, Alberta, Cananaskis in June, Alberta.

The meeting that is held annually wants to set the tone and wants to clarify some economic decisions that will take world leaders for weeks.

In addition to the Minister of Canada, in addition to the United States, France, the United Kingdom, Germany, Italy and Japan, the main central banks of the members are invited to participate in deliberations.

The European Commission will also be president of the Economic and European Central Bank.

It is more important for the first meeting of the G7 financial ministers (…) since the Elections of the Trump Administration in November, and we have a new Prime Minister (Canada)John Kirton, a political scientist and explains the Director of the G7 Research Group at the University of Toronto.

A week after Mark Carney Minister, François-Philippe Champagne will help this meeting in Banff.

For the main economistAlberta CentralCharles St-Arnaud, François-Philippe Champagne is at risk, guided by the Prime Minister of Canada Mark Carney.

Due to his experience, we suspect that the Prime Minister gives the main guidelines to his financial ministerHe says.

Price war

This year it is certainly certainly the subject of discussions that is likely to rotate around the customs duties of America, now in all G7 countries.

Everyone wants to scott (Secretary of the American Finance) or a climbing of Donald Trump) or customs duties as it has just made with the UK and ChinaEstimated John Kirton. We need to continue at the moment.

The biggest challenge, of course, knowing what a state of thought will be on the day Donald Trump will prepare to enter the planeHe believes.

For Charles St-Arnaud, Canada has given the opportunity to be an important function between countries that deal with prices.

The role of Canada (has tried to find more coordination with other non-US G7 countries, Germany or UK, search and search for more common negotiations in negotiationsHe said.

Minister and G7 will also be available for financial actors, which already includes world markets and the threat of a global recession, according to the economist.

As we have seen, the sales of American duties have been quite massive and we are doing little interrogation about the role of US dollar as an international currency Notice.

Forced to starving Gaza and War in Ukraine

Although the price issue may be in the middle of concern, John Kirton hopes that other urgent questions will be addressed.

What do these financial ministers do to help Ukraine and, of course, more humanitarian aid, food and drugs (Palestinians) suffer at the time they die at the time they die?He asks.

Since March 2, Israel prevented from entering the Gaza band, forced by the famine 2.4 million Palestinians living there.

Words are not enough.

Last year, the G7 meeting ended with a loan sent to Ukrainian (New window) US $ 50 billion.

International Development Cooperation, Debt Reduction, Private Capital Immersion on behalf of multi-development banks … All the questions we hope is to deal with BanffIt emphasizes John Kirton.

The meeting of the Minister of Finance will be 20 to 22 May 2025.