G7 Canada: The Kananaskis Summit 2025

Confronting today’s challenges, united in a common cause

Mark Carney, prime minister, Canada

F ifty years ago, the G7 was cre- ated at a moment of crisis. Faced with financial upheaval, a stagflationary shock and geopolitical tensions, a small group of advanced economies came together – not to retreat into isola- tionism, but to build a platform for cooperation, stability and shared prosperity. In the decades since, the G7 has proven its enduring value: as a forum for frank dialogue, principled disagreement and decisive action. In 2025, the need for this forum has only increased. We are navigating a global economy under pressure – from trade tensions and disruptive technologies to rising geopolitical instability. The foundations of international peace and economic security, long taken for granted, are being tested. At this inflection point, the G7 must rise to meet the scale of these crises with purpose and with force. I look forward to welcoming my fellow G7 leaders to Kananaskis, Alberta, this June, as Canada assumes the presidency on the G7’s 50th anniversary. This will be a moment to

confront the challenges of our time, united in common cause. I have attended G7 summits before – through my roles at the Department of Finance, as governor of the Bank of Canada and as governor of the Bank of England. Those experiences have given me a deep understanding of what makes the G7 effective and, crucially, where it must do better. I bring those lessons and that focus with me. Canada’s agenda will have three core imperatives: securing our communities and a safer world, building energy security and accelerating the digital transition, and investing in partnerships of the future. Nowhere are these objectives more timely and strategic than with critical mineral supply chains that allow Canada to lead trusted, reliable partnerships to fuel the technologies of the future. In practical terms, our agenda means driving artificial intelligence adoption across public and private sectors; unlocking the full potential of quantum technology to grow our economies and solve

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// G7 CANADA: THE KANANASKIS SUMMIT 2025

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