What's Happening?
Canada has taken over the presidency of the Group of Seven (G7) for the seventh time, starting January 1, 2025. The G7 is an informal grouping of advanced democracies, including Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, along with the European Union. Canada will host the G7 Leaders’ Summit in Kananaskis, Alberta, from June 15 to 17, 2025. The presidency allows Canada to set priorities for the year, focusing on protecting communities, building energy security, and accelerating the digital transition. Canada has engaged with domestic stakeholders and international partners to develop an agenda that resonates with Canadians.
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Why It's Important?
The G7 presidency provides Canada with a platform to influence global economic policies and address international challenges. By focusing on energy security and digital transition, Canada aims to strengthen its position in these critical areas, potentially benefiting its economy and enhancing its international standing. The presidency also allows Canada to advance domestic priorities on a global stage, fostering collaboration with other G7 members and invited guests.
What's Next?
Canada will continue to host various ministerial meetings throughout the year, including a G7 Foreign Ministers’ meeting in Charlevoix, Quebec, and a G7 Finance Ministers and Central Bank Governors’ meeting in Banff, Alberta. These meetings will further discuss pressing global issues and develop joint plans of action.
Beyond the Headlines
Canada's presidency highlights the importance of international cooperation in addressing transnational issues such as climate change, digital security, and global health. The engagement with Indigenous partners and civil society reflects Canada's commitment to inclusive policy-making.
