Canada and the G20

The Group of 20, most often call the G20, was formed in 1999 in response to the Asian financial crisis of the late 1990s. Its purpose was to gather finance ministers and central bank governors from advanced and emerging economies to discuss how to support the stability of financial markets and to promote economic cooperation.

Meetings are held yearly and countries take turns hosting the event. Members include:

Invitees for 2017 include:

Leaders’ summits

The first meeting of G20 leaders took place in 2008, in Washington, D.C., at the onset of the global financial crisis. There, leaders agreed to an action plan to stabilize the global economy and prevent future crises.

Leaders met a second time in London on April 1-2, 2009. Their reunion was marked by the announcement of a historic pledge of US$1.1 trillion to restore credit, growth and jobs in the world economy.

Following up on the measures taken in London, G20 leaders met for a third time that same year in Pittsburgh. That summit established the G20 as the premier forum for our international economic cooperation, and helped increase the voice of emerging economies in the international financial institutions.

How the G20 works

Summit hosts are responsible for preparing leaders’ summits and for organizing the series of preparatory meetings that advance G20 work throughout the year.

The G20 has no permanent secretariat, and much of the preparation for the summit is completed by G20 leader’s personal representatives, known as “sherpas.” Sherpas maintain contact with each other during the course of the year to discuss agenda items for the summit and coordinate the work of the G20.

For 2017, Prime Minister Justin Trudeau’s Sherpa for the Hamburg Summit will be Vincent Rigby, Assistant Deputy Minister, Strategic Policy, Global Affairs Canada.

Working groups

Working groups and experts groups are established when needed to support the work of leaders, finance ministers, central bank governors and sherpas. These groups are generally co-chaired by one advanced and one emerging economy.

Working groups and experts groups in 2017 include:

Involvement of other organizations

The G20’s work is supported by experts from international organizations, such as

Upcoming meeting(s)

The 2017 G20 Summit will be held in Hamburg, Germany, July 7 to 8.  The following Ministerials will take place in the lead-up to the Summit:

Related links

G20 declarations and documents

2017

G20 ministerial documents

2016

G20 summit documents

G20 ministerial documents

2015

G20 summit documents

G20 ministerial documents

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