High-ranking officials from the world's top economies are in Banff, Alta., this week for a three-day summit that will cover topics including the global economy, the war in Ukraine and artificial intelligence.

Finance ministers from the G7 are wrapping up their summit in Banff, Alta., with discussions including the global trade system roiled by U.S. President Donald Trump's tariffs. Other topics on the agenda are artificial intelligence and the war in Ukraine.

The meeting of finance ministers and bank governors from host country Canada, the U.S., Germany, the U.K., Italy, France and Japan could try to stake out common ground on the trade front to direct their fire against China, particularly on the crucial steel and aluminum front, he said.