Ottawa, Ontario, November 4, 2012
The Honourable Jim Flaherty, Minister of Finance, heads to Mexico City today to attend the Group of Twenty (G-20) Finance Ministers and Central Bank Governors Meeting.
“While economic growth in Canada is projected to remain strong compared to other developed nations, Canada is not immune to international developments,” said Minister Flaherty. “Through our ongoing leadership role in the G-20, our Government will continue to call for measures that will address risks and persistent weaknesses in the global economy.”
G-20 Ministers and Governors will discuss the global economic outlook and progress in implementing the commitments made as part of the action plan agreed to by G-20 Leaders in Los Cabos last June. In addition, they will discuss progress on a wide range of financial sector reforms.
Canada is contributing to global financial and economic stability as co-chair of the Working Group on the G-20 Framework for Strong, Sustainable and Balanced Growth, a forum where members identify and assess global economic vulnerabilities and coordinate policies. Together with India, Canada has held this leadership role since 2009.
Office of the Minister of Finance
Department of Finance