With one week to go until G7 leaders gather in Alberta, Prime Minister Mark Carney has announced his priorities for the meeting and is managing a guest list that lays bare fault lines in some of Canada’s international relationships.

South Korean President Lee Jae-myung on Monday called for measures to stabilise prices, saying the increasing cost of living is causing "too much pain".

In a significant diplomatic step with implications for global alliances, Indian Prime Minister Narendra Modi announced he will attend the G7 Summit in Kananaskis, Alberta, this month, after being invited by Canada.