Canada Expands Probe Into Beijing-Backed International Bank, Says Participation Remains ‘Indefinitely Suspended’

Published on December 10, 2023

Canada is expanding its probe into the Asian Infrastructure Investment Bank (AIIB) following warnings about Beijing’s control within the institution. While the federal government is also indefinitely freezing its participation in the organization, the Opposition Tories insist that the government should pull its investment out of the bank altogether. “In consultation with some of our closest international partners, Canada is expanding its review of the AIIB,” Finance Minister Chrystia Freeland announced in a Dec. 8 statement. “While our engagement with our partners continues, Canada’s participation in the AIIB will remain indefinitely suspended.” The expanded review will encompass three key aspects. One is to analyze the AIIB’s investments, governance, and management frameworks and to assess if decision-making and project selection at the bank require further enhancement....

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Netanyahu Says Hamas Should Now Surrender: ‘Beginning of the End’

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Bidens Wrap Up 3-Day Southern California Campaign Swing

December 10, 2023
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