Category: G7

Despite COVID 19, Census Shows Population Grew at Fastest Rate in G7, Topping 36.9M

OTTAWA—Canada’s population grew at a faster rate than many of its peers, rising to over 36.99 million on census day last year despite a historic slowdown caused by COVID-19. Statistics Canada said the national population grew by 5.2 percent between 2016 and 2021, almost double the rate of any other G7 nation and faster than…


Global Co-Operation Urged to Counter Cyberattacks, Though No Easy Solution

The vulnerability of governmental and financial systems to cyberattacks has prompted calls to action, though experts say the most widely proposed solutions have their own problems. On Dec. 9, 10 countries participated in a simulated cyberattack “war game” event in Israel, called “Collective Strength,” which was also attended by representatives from the World Bank, International…


Any Aggression Against Ukraine Will Lead to New ‘Massive’ Sanctions, EU Warns Russia

The head of the European Union’s executive commission warned Russia on Dec. 15 that the 27-member bloc has additional sanctions ready if Moscow would invade neighboring Ukraine. “I want to reaffirm our unwavering commitment to Ukraine’s sovereignty and territorial integrity,” Ursula von der Leyen told EU lawmakers on Wednesday, expressing concern over reports of Russia’s…


G7 Must Get Tougher Against Coordinated Aggression by China and Russia

News Analysis The G7 group of the world’s wealthiest democracies met recently and denounced Russian troop movements that appear to be gearing up for an invasion of Ukraine. The group of democracies warned Moscow of “massive” economic consequences if Russian troops invade the Eastern European democracy more than they already have. What the G7 did…


G-7 Warns Russia of ‘Massive Consequences’ of Ukraine Incursion

The Group of Seven (G-7) major industrialized countries have sent a “powerful signal” that any Russian invasion of Ukraine would have “massive consequences” and would incur “a severe cost,” UK Foreign Secretary Liz Truss said on Sunday. After a two-day G-7 foreign ministers’ summit held in the English city of Liverpool, Truss told a press…


G7 Ministers Present United Front Against Russia Over Ukraine Crisis

LIVERPOOL, England—The world’s wealthiest democracies on Saturday sought to present a united front against Russian aggression toward Ukraine as Britain hosted a meeting of foreign ministers in the northern English city of Liverpool. The G7 meeting, attended in person by U.S. Secretary of State Antony Blinken and his counterparts from France, Italy, Germany, Japan, and…


G-7 Finance Officials Endorse Policy Principles for Central Bank Digital Currencies

G-7 finance officials endorsed 13 public policy principles for central bank digital currencies (CBDC) on Wednesday, noting that while electronic cash could support inclusion and innovation in an increasingly digital economy, the currencies also raise important questions regarding policy and regulation. The G-7 countries consist of Canada, the United Kingdom, the United States, France, Germany, Italy,…


G-7 Finance Ministers Make Some Progress on Tax Deal, UK Says

LONDON—Finance ministers from the Group of Seven (G-7) said they made some progress on Wednesday at reaching a joint position on a global corporate tax deal, days before it needs to win over a wider international audience. “A common understanding was reached on some of the important open issues to support reaching final political agreement…


Canadian Military Drawdown Will Begin Before Aug. 31 American Deadline: Sajjan

OTTAWA—The Canadian military will begin wrapping up its mission at Kabul airport ahead of the Aug. 31 deadline the United States set for ending the mission, Defence Minister Harjit Sajjan said Wednesday. Sajjan said that’s because the United States is leading the mission and providing security and so its forces, some 6,000 personnel, must be…


Trudeau Mum on U.S. Deadline to Leave Kabul by Aug. 31 as He Meets with G7 Leaders

OTTAWA—Prime Minister Justin Trudeau was playing his cards close to his chest on whether he wants the G7 to push for an extension of the American military commitment to Afghanistan. Trudeau joined a special virtual meeting of the G7 leaders Tuesday on the crisis in Afghanistan and President Joe Biden is expected to face calls…