“It is an honour to continue co-chairing the Working Group on the G-20 Framework for Strong, Sustainable and Balanced Growth,” said Prime Minister Harper. “This role is a prime example of how Canada is contributing to global financial and economic stability, and helping to lay the foundations for jobs and growth both at home and abroad.”
The G-20 Framework for Strong, Sustainable and Balanced Growth is a forum where members identify and assess global economic vulnerabilities, and coordinate policies designed to foster stronger, more sustainable and balanced economic growth. The Working Group will also be responsible for developing an Action Plan for the G-20 summit in St. Petersburg in Fall 2013. Along with Canada, India will also continue to co-chair the Working Group.
The G-20 has played a significant role in mitigating the adverse effects of the global financial and economic crisis by taking decisive and coordinated measures to restore confidence, jobs and growth.
Canada has made important progress in meeting its G-20 commitments, contributing to long-term economic growth and job creation. In its capacity as co-chair of the Working Group, it will continue to work to ensure all G-20 members also meet their fiscal commitments.