Economic uncertainty cannot be new norm, says Canada at G20

18/7/2025 7:07

Major economies cannot allow uncertainty to become the new norm even though they face a novel world of growing trade restrictions and tariffs, Canada's finance minister said on Thursday.



G20 finance ministers and central bankers meeting near Durban face a challenge to produce a final communique at a meeting overshadowed by Donald Trump's tariffs and in the absence of U.S. Treasury Secretary Scott Bessent.



Canada's Francois-Philippe Champagne told Reuters he was cautiously optimistic a final communique would be agreed, but that the G20 of large developed and developing countries had in any case to send a clear message.