Nearly a month after Canada announced it would pause all activity at the Asian Infrastructure Investment Bank (AIIB) while launching an investigation, Canada still remains invested in the Beijing-founded institution. On June 14, Ottawa announced it would cease all activity at the AIIB while it investigated allegations made by its former global communications director, Bob…

Officials from the Department of Finance declined to answer questions from MPs this week while appearing before a House of Commons committee studying the federal government’s recent suspension of activity with the Asian Infrastructure Investment Bank (AIIB). James Wu, director general of the finance department’s funds management division, and Kathleen Wrye, director of the department’s financial…

The former director general of global communications for the Asian Infrastructure Investment Bank (AIIB) said Canada’s membership in the AIIB is inconsistent with its values and does not benefit the country. “I didn’t find a single tangible benefit to communicate back home here to Canada of what this bank does that is consistent with our…

A senior employee of the Beijing-based Asian Infrastructure Investment Bank (AIIB) said on Thursday he was advised to flee the country after resigning from the bank in protest over what he alleged was Chinese Communist Party influence. Bob Pickard, a Canadian national and former global communications chief for the AIIB, announced his resignation in a…

The global communications chief for the Asian Infrastructure Investment Bank (AIIB) has announced his resignation, saying in a statement on June 14 that the bank is being controlled by “Communist Party hacks” and that Canada’s best interests are not served by being a member. “As a patriotic Canadian, this was my only course,” said executive…

The global communications chief for the Asian Infrastructure Investment Bank (AIIB) has announced his resignation, saying in a statement on June 14 that the bank is being controlled by “Communist Party hacks” and that Canada’s best interests are not served by being a member. “As a patriotic Canadian, this was my only course,” said executive…

The global communications chief for the Asian Infrastructure Investment Bank (AIIB) has announced his resignation, saying in a statement on June 14 that the bank is being controlled by “Communist Party hacks” and that Canada’s best interests are not served by being a member. “As a patriotic Canadian, this was my only course,” said executive…

The global communications chief for the Asian Infrastructure Investment Bank (AIIB) has announced his resignation, saying in a statement on June 14 that the bank is being controlled by “Communist Party hacks” and that Canada’s best interests are not served by being a member. “As a patriotic Canadian, this was my only course,” said executive…

Ottawa said it will cease all activity at the China-led Asian Infrastructure Investment Bank (AIIB) while it investigates claims made by the bank’s global communications director after announcing his resignation. “The Canadian government will also discuss this issue with its allies and partners who are members of the bank. China, as the world’s second-largest economy,…

Cabinet says it’s unclear if any jobs were created after Canada made a $510 million investment in Beijing’s Asian Infrastructure Investment Bank (AIIB), documents show. “The Government of Canada is aware of five Canadian firms having signed contracts as part of the Bank’s corporate procurement,” cabinet wrote in a report introduced in the Senate at…