At the G7 Finance Ministers and Central Bank Governors’ Meeting in Banff on May 20, 2025, Canadian Finance Minister François-Philippe Champagne pledged significant support for rebuilding war-torn Ukraine alongside Ukrainian Finance Minister Sergii Marchenko. The ministers discussed the estimated $500 billion needed for reconstruction, focusing on infrastructure and energy, and announced a follow-up meeting in Rome with investors. Despite ongoing conflict in Ukraine, both emphasized the moral imperative of international support and the broader implications of the war on global stability.
