PM Trudeau welcome his counterparts to the 2018 G7 Summit

The G7 summit, which groups Canada, the US, the UK, France, Italy, Japan and Germany, is being held in the town of La Malbaie in Quebec, Canada.

The leaders of the nations, which represent more than 60% of global net worth, meet annually.

Economics tops the agenda, although the meetings now always branch off to cover major global issues.