21st G7 summit

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The 21st G7 summit was held on June 15–17, 1995 in Halifax, Nova Scotia, Canada. The venue for this summit meeting was Summit Place in Halifax. It was labelled by Prime Minister Jean Chrétien as a "Chevrolet Summit", using a utilitarian automobile as a metaphor for the summit being less expensive than previous summits in Versailles and Venice. The Group of Seven (G7) is an unofficial forum which brought together the heads of the richest industrialized countries: France, Germany, Italy, Japan, the United Kingdom, the United States, Canada (since 1976), and the President of the European Commission (starting officially in 1981). The summits were not meant to be linked formally with wider international institutions; and in fact, a mild rebellion against the stiff formality of other international meetings was a part of the genesis of cooperation between France's president Valéry Giscard d'Estaing and West Germany's chancellor Helmut Schmidt as they conceived the first Group of Six (G6) summit in 1975.