Sections
Return to News Categories

ALL NEWS SECTIONS:
MOST POPULAR SECTIONS:
Cattle - Hogs / Livestock News
Interest Futures News
Metals Futures News
Reports: Crops, CFTC, etc
Soft Commodities News

Futures and Commodity Market News

G7 ministers advance efforts on energy security and innovation

TORONTO, Nov. 1, 2025 (CNW Group via COMTEX) --

As the world confronts evolving energy challenges shaped by geopolitical pressures, climate change and technological disruption, Canada will continue to work with G7 partners and other allies to reinforce prosperity, security and sustainability for citizens around the world.

Today, the Honourable Tim Hodgson, Minister of Energy and Natural Resources, along with the Honourable Julie Dabrusin, Minister of Environment and Climate Change, concluded the G7 Energy and Environment Ministers' Meeting in Toronto, Ontario. Under Canada's Presidency, G7 ministers took steps to advance priority areas:

As part of energy security discussions, Ukraine's Minister of Energy, Svitlana Grynchuk, outlined the impact of Russia's relentless attacks on Ukraine's energy infrastructure and the country's immediate energy needs. G7 Ministers issued a strong statement expressing unwavering support for rebuilding a modern energy system that is reliable, resilient and efficient for all Ukrainians.

During the G7 Ministers' Meeting, the Honourable Anita Anand, Minister of Foreign Affairs, joined Minister Hodgson and Minister Grynchuk to announce that Canada is expediting the final portion of its $70-million contribution to the Ukraine Energy Support Fund, an initiative led by the Energy Community Secretariat, to support energy needs in Ukraine. A payment of $10 million has been disbursed early to help Ukraine repair critical energy infrastructure damaged by Russian strikes.

Canada remains committed to working with its G7 allies toward a fair, secure and sustainable energy future.

"Just as the G7 was born out of an energy crisis to provide stability and direction, we are now called to the same task of anchoring a rules-based, market-driven and democratic order. Canada believes firmly in multilateralism and that we stand stronger together, and we will continue to move decisively with our G7 allies to shape the global energy transition on our terms."

The Honourable Tim HodgsonMinister of Energy and Natural Resources

Follow Natural Resources Canada on LinkedIn.

SOURCE Natural Resources Canada

SOURCE: Natural Resources Canada

SOURCE: Government of Canada

Contacts: Natural Resources Canada, Media Relations, 343-292-6096,
media@nrcan-rncan.gc.ca; Greg Frame, Office of the Minister of Energy and Natural
Resources, Gregory.Frame@nrcan-rncan.gc.ca
comtex tracking

COMTEX_469941115/2197/2025-11-01T00:12:00

Copyright (C) 2025 CNW Group. All rights reserved.

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.


Extreme Futures: Movers & Shakers

Hottest

Actives

Gainers

Today's Hottest Futures
Market Last Vol % Chg
Loading...

close_icon
open_icon