Minister Champagne Joins G20, G7 Finance Talks in S. Africa
The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will participate in G20 and G7 Finance Ministers and Central Bank Governors’ (FMCBG) Meetings, in Durban, South Africa, from July 17 to 18.
Prior to the Meetings, during a short stay in Cape Town, the Minister will meet with local businesses and government officials with an eye to advance bilateral partnerships, economic development and innovation collaboration.
In Durban, the Minister, together with Tiff Macklem, Governor of the Bank of Canada, will chair the fourth G7 FMCBG Meeting under Canada’s G7 Presidency. The agenda builds on the important progress made by Finance Ministers and Central Bank Governors at the G7 in Banff and the shared steps Canada and its partners are taking together to reduce ongoing trade and economic policy uncertainty.
G7 Ministers and Governors will also discuss Russia’s illegal and unjust war against Ukraine, as well as actions to improve supply chain resilience Australia and South Korea have been invited to join the discussion on supply chains.
The G20 FMCBG Meetings will focus on the global economy and on issues related to the international financial architecture, international taxation and ways to improve longer-term growth prospects in Africa and across the G20.
https://www.canada.ca/en/department-finance/news/2025/07/minister-champagne-to-participate-in-g20-and-g7-finance-ministers-and-central-bank-governors-meetings-in-south-africa.html