Canada Invites G7 To Come Freeze Balls Off, Talk About Inflation

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Top finance officials from the G7 countries will meet in the remote Arctic town of Iqaluit, Canada's northernmost territorial capital, on Feb 5-6 but may not issue a communique, Finance Minister Jim Flaherty said on Wednesday.
"The February meeting will return to the G7's roots with a more frank and focused dialogue," Flaherty said in a statement. "In an ever-changing global economy, the G7 will continue to evolve, with a focus not on paper but on people -- not on communiques and accords, but on constructive dialogue on actions to strengthen the global economy."

Canada to host G7 finance officials in Arctic [Reuters]

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