This week, from July 24 to 26, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, will attend meetings of G7 and G20 Finance Ministers and Central Bank Governors in Rio de Janeiro, Brazil.
At the G7 and G20 meetings, the Deputy Prime Minister will advance discussions with Canada's allies to strengthen our supply chains and create economic growth that is shared by all Canadians.
The Deputy Prime Minister will discuss with allies further efforts to support Ukraine through to victory and into reconstruction. Canada was an early champion of G7 efforts to make full use of frozen Russian sovereign assets. The Deputy Prime Minister will work with partners to operationalize the Extraordinary Revenue Acceleration Loans agreed to in June by G7 Leaders in Apulia, Italy, which will provide approximately US$50 billion in support to Ukraine, including Canada's $5 billion contribution.
The Deputy Prime Minister will bolster Canada's work to build clean and resilient economies and reduce economic inequalities-as demonstrated by the government's historic investments in early learning and child care and advancing dental care and pharmacare. During the meetings, the Deputy Prime Minister and other participants will also seek to advance international tax cooperation.
An itinerary of events will be released in advance of the meetings.
