Archived - A Strong, Optimistic and Confident Middle Class Is Critical to a Strong Global Economy, Minister Morneau Tells G20

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March 16, 2017 – Frankfurt, Germany – Department of Finance Canada

While G20 countries have found common ground in their collective effort to create growth to benefit all citizens, the Government of Canada believes we must continue to work together to create opportunities and build confidence in our middle class.

Finance Minister Bill Morneau today spoke at the 9th Annual Institute of International Finance G20 Conference in Frankfurt, Germany, where he shared Canada's plan for growing the middle class. The Minister spoke of the need to grow the global economy through smart, responsible investments in people and in infrastructure which create well-paying jobs now, and will make our communities, our industries and our economy more competitive in the long term. He also spoke of the role that trade, openness and investment play in creating opportunities for Canadian families.

Over the next two days, Minister Morneau will attend the G20 Finance Ministers and Central Bank Governors Meeting in Baden-Baden, Germany, where the focus will be on continuing to make progress on achieving strong, sustainable and shared growth for the world's middle class, and those working hard to join it.


"Canada is doing what ambitious and confident countries do: We are investing in our middle class, in our communities and in our economy. Together with our G20 partners, we can create the jobs and opportunities that will help our families succeed in the new, innovative, global economy of tomorrow."

- Bill Morneau, Minister of Finance

Quick Facts

  • The G20 is the main forum for international cooperation among the 20 leading industrialized nations and emerging economies in the fields of finance and economics.
  • The G20 nations are together home to almost two-thirds of the world's population, as well as generating more than four-fifths of global gross domestic product and accounting for three-quarters of global trade.

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