Canada a Model for Global Efforts to Create Shared Prosperity

October 5, 2016 – Washington, D.C. – Department of Finance Canada

Canada is one of the first countries to put into practice the notion that when you have an economy that works for the middle class, you have a country that works for everyone. Our ambitious plan to revitalize the economy, spur long-term growth and strengthen the middle class is recognized by international partners as a model for creating growth that allows more people to prosper. In fact, the International Monetary Fund (IMF) recently recognized Canada as one of its strongest partners and a model example of a country making the most of its fiscal room to invest in people and grow the economy.

Finance Minister Bill Morneau will promote Canada’s people-first approach to the economy this week during the 2016 Annual Meetings of the IMF and World Bank Group, and in his meetings with his G20 colleagues. He will emphasize international trade and investment as a means of building strong, inclusive and sustainable global growth and prosperity for the middle class and those working hard to join it.

While in Washington, the Minister will discuss the global economy and priorities for the IMF and World Bank with his international colleagues. He will also participate in three panel discussions on: leveraging private sector investment in infrastructure; the role of fiscal policy in today’s global economic context; and gender equality and women’s economic empowerment.

Quote

"It is important that the middle class around the world benefit from economic growth. Canada was one of the first countries to act on this notion with smart, necessary investments in the economy that put people first. We are now widely recognized as a model for the world, and are at the forefront of global efforts toward making the economy work better for the middle class and those working hard to join it."

- Bill Morneau, Minister of Finance

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Contacts

Annie Donolo
Press Secretary
Office of the Minister of Finance
613-769-7187

Media Relations
Department of Finance Canada
613-369-4000

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