Minister Morneau Promotes Fairness for the Middle Class at G7 Meetings in Italy

May 11, 2017 – Bari, Italy – Department of Finance Canada

The Government of Canada is committed to building an economy that works for the middle class and those working hard to join it. By working together with G7 countries and international institutions such as the International Monetary Fund and the World Bank Group, the Government of Canada can improve global growth prospects that will lead to greater fairness and prosperity for Canadians and people around the world.

Finance Minister Bill Morneau is in Bari, Italy, this week to take part in the G7 Finance Ministers and Central Bank Governors Meetings. Minister Morneau will share Canada's ambitious plan to make smart investments that will create jobs, grow Canada's economy, and provide more opportunities for the middle class. The Minister will also share Canada's approach of being open to the world, trade and investment, and embracing diversity and gender equality as strengths and drivers of economic growth.

At the meetings, the Minister will reaffirm Canada's commitment to economic policies that help grow the middle class, take action against international tax evasion and avoidance, and emphasize the importance of open trade and policy coordination to support global economic growth. The Minister will attend G7 symposiums on inequality and growth, and on finance, regulation and growth. He will also participate in G7 sessions on the global economy, inequality and growth, International Financial Institutions coordination, security as a global public good, and international taxation.

With its most recent budget, the Government of Canada moved to ensure the economy of tomorrow works for every Canadian, with targeted investments for long-term growth and actions to promote tax fairness at home and internationally.

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"Investment and openness are at the heart of our plan to strengthen Canada's competitiveness in the global economy of tomorrow—an essential ingredient for an open economy like Canada. We believe in the importance of creating global partnerships, seeing value in diversity, and pursuing economic growth that is based on investment and openness, to create an economy and a country that works for the middle class and those working hard to join it."

- Bill Morneau, Minister of Finance

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Annie Donolo
Press Secretary
Office of the Minister of Finance
annie.donolo@canada.ca
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