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Charlevoix commitment on equality and economic growth

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We, the Leaders of the G7, are committed to working together to maximize the economic prosperity of our citizens. In recent years the global economy has strengthened amid rapid technological change, deeper global economic integration and increased job creation. At the same time, too many citizens have not benefited from that economic growth.

A key challenge facing G7 economies is to make sure that every citizen has a real and fair chance to contribute to, and share in, economic success. Inequality can undermine confidence, social cohesion and growth, especially when disadvantaged groups are unable to realize their potential and contribute fully.

While economic growth is fundamental to raising living standards, we recognize that there is a need to broaden how we look at social and economic progress, capturing a more holistic picture of the challenges facing people in their daily lives than we are able to see today through traditional measures like Gross Domestic Product. It is important to consider the broad issues facing each of our economies: whether workers are equipped to keep up with the demands of a changing labour market, whether everyone who wants a job can get it, and whether available work is decent, well-paying and provides equal opportunities for women and men as well as disadvantaged groups and those facing discrimination.

Removing the barriers that keep people from participating fully in the global economy and addressing the root causes of gender inequality is essential to reduce poverty, foster growth and create quality jobs and decent work for all. The creativity and productivity of people who have been economically marginalized, especially women, are important to sustainable and resilient economies.

Putting in place and reinforcing the conditions for economic growth that works for everyone requires cooperation with the private sector, social partners and other key stakeholders, active sharing of knowledge and best practices about innovative approaches and openness to new methods of skill formation and forms of employment, an understanding of the different impacts that policies have on women and men, and a focus on people and the unique and diverse realities they face.

The emergence of new technologies holds the potential to bring us closer together, improve our quality of life and make the world a better place. However, they also present new challenges for promoting growth that works for everyone. We must help ensure that groups often underrepresented in high growth areas like science and technology are fully included, that workers have the skills and training for jobs now and in the future, and thereby our economies are stronger and more competitive.

To address inequalities in society, bolster public confidence and economic integration, and better prepare for technological change, we commit to:

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