G7 finance officials meet in Banff with Trump tariffs, Ukraine top of mind [Video]

High-ranking officials from the world’s top economies are in Banff, Alta., this week for a three-day summit that will cover topics including the global economy, the war in Ukraine and artificial intelligence.

The meeting comes during a period of heightened instability as U.S. President Donald Trump continues his tariff-driven effort to bring industry to American soil, leading many countries to reconsider their trade relationships with the United States and other trading partners.

The gathering will also be a precursor to the meetings that will happen in Kananaskis, Alta., when North American, European and Japanese leaders gather for the G7 Leaders’ Summit from June 15 to 17.

Kananaskis last hosted the meeting in 2002.

Rookie Canadian Finance Minister François-Philippe Champagne and Bank of Canada governor Tiff Macklem will lead the meetings scheduled for Wednesday and Thursday.

A spokesperson for Champagne says the Finance Department is working closely with the Prime Minister’s Office on priorities for the meetings and the leaders’ summit. The …