The issue of U.S. President Donald Trump's trade tariffs remains a source of deep tension between allies and the U.S. Trump hasn't attended a G7 summit since 2019, after upsetting the group the year before by withdrawing U.

Also looming over the meeting are President Trump's inflammatory threats to make Canada the 51st state and take over Greenland.

Leaders from the Group of Seven nations begin annual talks on Monday amid wars in Ukraine and the Middle East that add to global economic uncertainty, as host Canada tries to avoid a clash with U.S. President Donald Trump.

In 2018, the president called for the group to embrace Russia and stormed out of the summit. Now he is seeking to shrink America’s military role abroad and embarking on a more expansive trade war.

Futures linked to Canada's main stock index recovered from the declines of the previous session on Monday, with investors shifting focus from the Middle-East tensions to this week's G7 summit and U.S.

After months of preparation, the G7 summit kicks off today in Kananaskis, Alta., a three-day summit that will see the popular wilderness destination locked down and the surrounding region play host to global leaders,

President Trump's upcoming week is expected to include addressing the Israel-Iran conflict, attending the G7 summit in Canada and responding to nationwide anti-ICE protests.