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".

Despite ongoing tension between the two countries on the issue of extremism, Bezirgan said he expects warmer ties henceforth as Carney has invited Prime Minister Modi for the G7 Summit.