G7 finance ministers to wrap up summit in Banff

Matthew Scace · The Canadian Press

· Posted: May 22, 2025 10:00 AM EDT | Last Updated: 2 hours ago

Finance ministers from the G7 are wrapping up their acme successful Banff, Alta., with discussions including the planetary commercialized strategy roiled by U.S. President Donald Trump's tariffs.

Other topics connected the docket are artificial quality and the warfare successful Ukraine.

• WATCH LIVE AT 12:30 MT/2:30 ET: Finance Minister Francois-Philippe Champagne and Bank of Canada politician Tiff Macklem are acceptable to look aboriginal Thursday to instrumentality questions from reporters.

In an interrogation precocious Wednesday, Champagne was asked astir the anticipation of a associated communique being issued erstwhile the lawsuit wraps up.

"I've ever said it is easier to foretell the past than the future. We had a precise bully time of discussions, a precise bully engagement," helium said, adding helium was "very optimistic."

Champagne had bilateral meetings with France and Italy and a precocious evening gathering with U.S. Treasury Secretary Scott Bessent.

"I americium ever reminded Canada is the largest lawsuit of the United States. We bargain the astir from the U.S. We person a precise heavy trading relationship."

The acme is happening arsenic Trump appears to beryllium seeking commercialized pacts with countries that helium has imposed tariffs on, though the concern ministers haven't said they expect to settee deals with the United States during the meeting.

The countries are scheduled to stitchery again successful the Rockies for the G7 Leaders' Summit successful adjacent Kananaskis, Alta., from June 15 to 17.