G7 finance ministers meet to discuss increasing pressure on Russia

Canada's Finance Minister Francois-Philippe Champagne, centre, speaks with colleagues at the G7 Finance Ministers meeting in Banff, Alta., on Wednesday, May 21, 2025. THE CANADIAN PRESS/Jeff McIntosh

OTTAWA - Canada hosted a virtual meeting of G7 finance ministers today to discuss further measures to increase the pressure on Russia.

John Fragos, press secretary for the minister of finance and national revenue, says the group also talked about ways to limit Russia's "war machinery."

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