The following is an excerpt. To view the full article please visit the link below.

Fresh off the high from the G-7 economic summit in Sendai, Japan, Canadian Finance Minister Bill Morneau pointed to renewed interest in pursuing a spot in the recently launched Asian International Investment Bank – a China-spearheaded global development bank focused on the Asia Pacific region.

In a recent conference call with reporters, Morneau noted Ottawa’s “positive perspective on the impact that it (the AIIB) can have on infrastructure investment and the impact on the global economy.”

“I think we’re waiting for the bank to take the next step, and we’re actively considering our position and see the positive outcomes that this new...

* * *
The opinions expressed in this article/multimedia are those of the author(s) and do not necessarily reflect the views of CIGI or its Board of Directors.