Annual Report 2015 | 2016 Connect | Convene | Collaborate 2 asia pacific foundation of canada | 2016 ANNUAL REPORT contents

Strategic Pillars...... 4

Letter from the Chair of the Board...... 5

Letter from the President...... 6

The Year in Review...... 8

Collaborate...... 9

Convene...... 11

Connect...... 13

Research & Analysis...... 14

Our impact...... 16

Top 10 Blog Posts...... 16

Top 5 canada-asia agenda reports...... 17

key numbers...... 17

Online + social media Engagement...... 18

a year in reports ...... 19

In the News...... 20

Financial Statements...... 22

Donors...... 26

Governance...... 27

Staff...... 28

asia pacific foundation of canada | 2016 ANNUAL REPORT 3 strategic pillars

Promoting Trade, Investment, and Innovation Encouraging two-way business and fostering linkages between innovation ecosystems in Canada and Asia

Mobilizing Energy Assets Moving quickly and effectively to meet Asia’s changing energy requirements and promoting co-operation between Canada and Asia on a range of issues related to energy and the environment

Building Skills and Competencies Increasing and enhancing two-way flows of students and providing Canadians with the skills, knowledge, and experience to be successful in Asia

Understanding Asia Now Providing timely information and analysis on significant developments in global affairs relevant to the Canada-Asia relationship

4 asia pacific foundation of canada | 2016 ANNUAL REPORT LETTER FROM DAVID L. EMERSON

APF Canada is ideally situated to play a pivotal role in convening and connecting stakeholders in the Canada-Asia conversation

The Asia Pacific has become an increasingly significant of the new strategic areas that the Foundation set forth player in the global economy and will continue to rise last year in its core thematic pillars, particularly in the areas in importance over the next 15 years. By 2030, Asia will of “Promoting Trade, Investment, and Innovation” and ­account for 66 per cent of the world’s middle class and “Building Skills and Competencies.” some 50 per cent of global GDP. The economic and polit- This year, the Foundation successfully activated several ical resurgence of Asia will be one of the defining shifts of key initiatives supporting these strategic pillars, includ- the 21st century. ing: the Asia Business Leaders Advisory Council, the Asia When I assumed the role of Chair of the Board of Direc- Leaders Speaker Series, our Connect to Asia competency tors of the Asia Pacific Foundation on July 1, 2015, it was program for high-school and post-secondary students, with a sense of honour and pride. But it was also with a two trade-related national opinion polls, an Asia Pacific sense of anticipation. This is an important time not only for Youth Advisory Council, and a series of domestic and in- Asia, but also for Canada; how our country responds and ternational roundtables with Asia Pacific luminaries, along positions itself in the context of this ongoing global trans- with several insightful research reports, all illustrating the formation will shape its future — and clearly, the future of depth and breadth of our organization as Canada’s go-to Canada and Asia is a shared one. ­resource hub for the Asia Pacific. There is much work to be done, and much at stake, in I also had the pleasure this year of welcoming several new preparing the governments, businesses, people and insti- Directors to the Board of the Asia Pacific Foundation of tutions of Canada for the “Asian Century” that lies ahead. Canada, including Sandra Pupatello, Murad Al-Katib, Jean The Asia Pacific Foundation of Canada is ideally situated Charest, Blaine Favel, and Paul Lee. These distinguished to play a pivotal role in convening and connecting stake- Canadians will bring additional business acumen and polit- holders in the Canada-Asia conversation, and in support- ical insight to our strong team of Directors, and I welcome ing the Government of Canada as it creates a long-term, them as partners in our collaborative organization. truly regional and strategic approach to the rise of Asia. And I remind them of the Foundation’s vital role in the I know I speak for the entire Board of Directors when I say evolving Canada-Asia dynamic, and our important mission that we believe Canada has an immediate opportunity to to be Canada’s catalyst for en- strengthen its position as a credible and reliable collabo- gagement with Asia and Asia’s rator and partner in Asia. Our future economic prosperity bridge to Canada. and security will be linked to Asia’s transformation, includ- ing the remarkable growth of China and India, the matura- David L. Emerson tion of South Korea and Japan, and the exciting develop- Chair of the Board ments within the dynamic ASEAN region. Which is why the focal point of our activities this year was the creation of Building Blocks for a Canada-Asia Strategy, a comprehensive document outlining a series of recom- mendations to the Government of Canada and released by a panel comprising Stewart Beck, Kevin Lynch, Sandra Pupatello, and Janet De Silva at Canada 2020’s Ottawa Forum on January 28, 2016. It is our hope that the Government will incorporate our recommendations into a more targeted and strategic approach to Asia that advances our national interests, respects Canadians’ core beliefs, and contributes to the sustainable development and growth of the entire Asia Pacific region. Building Blocks for a Canada-Asia Strategy draws on many

asia pacific foundation of canada | 2016 ANNUAL REPORT 5 LETTER FROM stewart beck

We have made real strides this year in positively transitioning our mandate from ideation to activation

As the end of my second year as President and CEO of the In February, the Foundation convened the inaugural Foundation draws to a close, I look back on another interest- meeting of the Asia Business Leaders Advisory Council ing and wonderful year filled with new and continuing initia- 2016 (ABLAC 2016) in Vancouver. A gathering of 28 senior tives that have enabled us to gain substantive traction based business leaders from across Asia and Canada, ABLAC on the strategic objectives we charted just a year earlier. 2016 provided a unique platform for Asian and Canadian business leaders to share strategic policy advice with gov- With our Board of leading Canadians under the direction ernment, business leaders, and policy-makers, and foster of our new Chair, David Emerson, along with our team open and candid dialogue on how Canada can realize the of Senior and Distinguished Fellows and our high-calibre full potential of its engagement and partnerships with Foundation staff, I am proud to report that we have made Asia. It featured sessions on building Canada’s brand in real strides this year in positively transitioning our mandate Asia, enhancing Canada’s competitive opportunities in the from ideation to activation. region, and deepening Canada-Asia commercial networks. Our task is by no means complete. By 2020, 40 per cent And finally, our goal to build Asia competence among of the global GDP and 64 per cent of the world’s middle Canadians entered the real world as a program of engage- class will originate in Asia. It is our job at the Foundation ment that includes a pilot partnership with British Colum- to continue to explore this historic transformation and to bia high-school teachers to incorporate a stronger focus explain to Canadians the implications and opportunities a on Asia in their curricula (starting this fall), and financial rising Asia represents. support to post-secondary students for the pursuit of co- The Foundation’s activities this year have been many and op and internship placements in Asia. fruitful. From our action-oriented research work and our With the rapid rise and evolution of the new and devel- strategic media placements, to our insightful speakers se- oped economies of Asia, ries and the innovative events we’ve convened in our new this is a pivotal time in the Vancouver office space, we have continued to engage our Canada-Asia dynamic. It traditional stakeholders while building relationships with is the continuing role of new partners and audiences, particularly among the young the Foundation to ensure Canadians who will represent Canada in the Asian Century. our engagement upholds There were three Foundation initiatives this year, however, ­Canadian values, is stra- that truly highlighted our ability to connect, convene, and tegic, and considers the collaborate with Asia Pacific practitioners, both in­Canada long-term prosperity of and Asia: our Building Blocks strategy document for the Canada. new federal government, our inaugural Asia Business Leaders Advisory Council (ABLAC), and our Asia compe- Stewart Beck tence program helping Canada’s next generation build the President and CEO knowledge, skills, and experiences they’ll need to effec- tively engage with Asia in the years ahead. With last October’s national election on the horizon, our Board determined that a lasting, constructive, and sustain- able strategic approach to Asia was required for Canada to effectively meet the transformations underway in Asia, and to capitalize on the opportunities for Canada as a Pacific gateway to the Americas and Europe. Building Blocks for a Canada-Asia Strategy was created as a comprehensive advisory paper to the Government of Canada and offers 10 concrete recommendations for Press play Ottawa to consider as it articulates an effective, forward-­ to watch the video. looking Canada-Asia strategy.

6 asia pacific foundation of canada | 2016 ANNUAL REPORT ABLA C 2016 provided a unique platform for Asian and Canadian business leaders to share strategic policy advice on how Canada can realize the full potential of its engagement and partnerships with Asia.

ABLAC 2016 connected business and government leaders from across the Asia Pacific, including B.C. Premier Christy Clark, pictured here.

asia pacific foundation of canada | 2016 ANNUAL REPORT 7 the year in review

Canada’s catalyst for engagement with Asia and Asia’s bridge to Canada

8 asia pacific foundation of canada | 2016 ANNUAL REPORT The Asia Pacific Foundation of Canada continues to help Canadians better understand the opportunities and challenges a rising Asia represents for Canada

he Asia Pacific region has become — for a world in which Asia has become This year, the Asia Pacific Foundation an increasingly significant player in increasingly important. of Canada welcomed the Honourable the global economy and will con- David L. Emerson as its new Chair of the Ttinue to rise in importance over the next Here are some of the highlights of the Board of Directors of the Foundation, re- 15 years. Within just five years, Asia will Foundation’s activities in 2015-2016. placing the outgoing Chair, John H. McAr- represent: thur, who served since 2006. A corporate director, and a public policy and business • 44 per cent of the world’s gross advisor with many years of leadership ­domestic product; experience in both the private and public • 54 per cent of the global middle It is essential that we sectors, Mr. Emerson is also Board Chair class and; of Maple Leaf Foods and TimberWest For- • 42 per cent of the world’s total consider our entire est Corporation, and serves on numerous ­consumption. boards and advisory committees. country in the context Changing population trends, continuous In addition to our new Chair, the Founda- urbanization, and growing middle classes of the Asia Pacific. tion also welcomed several new Directors will shape the future of the Asia Pacific. to the Board of the Foundation this year, Consumption patterns are already shifting including: Murad Al-Katib, Jean Cha- to more discretionary goods and ser- rest, Blaine Favel, Paul Lee, and Sandra vices from abroad, creating tremendous Pupatello. opportunities for Canadian companies in almost every sector — provided they are prepared to invest in ensuring they have collaborate the capacity to expand and grow in rising Asia. Press play With the 2015 federal election on the to watch horizon, the Foundation’s Board deter- It is essential that our governments help the video. mined that the new Government of clear the roadblocks and smooth the way, Canada would have an opportunity to and that our institutions and organiza- articulate a more targeted and strategic tions at home and abroad strengthen the approach to engaging Asia that both business and people-to-people networks advances Canadian national interests and necessary for success. And it is essential contributes to the sustainable develop- that we consider our entire country in the ment and growth of the region. context of the Asia Pacific; Canada is an ideal hub for Asia Pacific trade and a gate- To assist the government in this endeav- way to the Americas and Europe. our, the Foundation released a non-par- tisan strategy paper in January that out- The consequences of ignoring the oppor- lines a series of recommendations for the tunities Asia presents and failing to rise to Government to consider as it articulates its challenges are tangible, and include its response to the rise of Asia. not just a loss of opportunity and reduced effectiveness in the region, but also a loss Our Building Blocks for a Canada-Asia of global relevance. Strategy document lays out a series of comprehensive recommendations and Through its collaborative engagement properly considers the diversity of the with policy-makers, business leaders, region and the degree of uncertainty and academics, and other influencers, the Asia short-term volatility that are likely to be Pacific Foundation of Canada continues part of the Asia Pacific’s future. to help Canadians better understand the opportunities and challenges a rising Asia In the strategy paper, we highlighted represents for Canada, and prepare Ca- Dominic three key recommendations: nadians — particularly young Canadians Barton

asia pacific foundation of canada | 2016 ANNUAL REPORT 9 year in review

Program Manager Justin Elavathil and Junior Research Fellow Yingqiu Kuang.

• The Government of Canada should event at the University of Ottawa and was other with Global Affairs Canada (GAC). work with Parliament to ratify the accompanied by a national press release The ABAC Roundtable on Expanding Trans-Pacific Partnership, and ac- and an op-ed in the Globe and Mail Opportunities for Long-Term Investment celerate negotiations on a Canada-­ newspaper that same day. The document in Asian Infrastructure was a joint Founda- China free trade agreement and the had 1,400 online page views in the first tion-APFF event held in Toronto in May. It Canada-Japan Economic Partnership week, and generated the highest single brought together close to 60 participants, Agreement. day of traffic of any new Foundation pub- including local and international experts lication. The release also garnered 3,416 from pension funds, insurance companies, • The Government of Canada should impressions on Twitter, about 2,000 more and investors to discuss what can be done develop a new generation of innova- impressions than we see on a typical day. to attract long-term private sector Canadian tive trade promotion strategies and investments in Asian infrastructure projects. mechanisms targeting Asia that take In April, Stewart Beck and members of into account the specific challenges the Senior Leadership Team travelled to Participants noted that while there is a faced by micro, small and medium-­ T­ oronto, Markham and Halifax to pro- great need for infrastructure investment -sized enterprises in the region. Such mote Building Blocks for a Canada-Asia and a large amount of capital available initiatives should target a few core, Strategy. The team made several targeted worldwide, capital is not flowing into promising sectors including agricul- presentations with stops at Queen’s Uni- emerging market infrastructure because of ture and agricultural logistics, clean versity, PricewaterhouseCooper, the City a lack of bankable projects, lack of suitable technologies, and digital media. of Markham, the Ontario Public Service, channels, underdeveloped debt markets • The Government of Canada should Barrick Gold, and the Province of Halifax­ in emerging markets, and lack of expertise spearhead and support initiatives to discuss the work of the Foundation of pension funds/insurers to manage infra- that help Canadians become more and, more specifically, the importance of structure assets. Potential solutions arising Asia-competent (i.e., have Asia-­ thinking strategically and in the long term from the roundtable included: improving related skills and knowledge). This to ensure the future prosperity of Canada in the capacity to develop bankable projects; includes familiarity with the diversity the context of the new global economy. developing local currency bond markets; of Asian cultures; knowledge about and developing private funds for equity the region’s economies, societies, The Foundation serves as the secretariat investment in infrastructure by pension and political systems; and the ability for Canada’s APEC Business Advisory funds and insurers. to speak Asian languages. Council (ABAC) members, and this year had the opportunity to collaborate on two In June, the Foundation, with support The paper was released in Ottawa on Jan- ABAC initiatives, one with the Asia-Pacific from GAC, hosted the ABAC Executive uary 28, 2016, as part of a Canada 2020 Financial Forum (APFF), the key platform Roundtable in Toronto with the following for finance initiatives within ABAC, and the objectives:

10 asia pacific foundation of canada | 2016 AnnUAL REPORT • Build a constituency of Canadian this bilateral relationship, and began with and create influential business ambassa- business leaders actively engaged opening remarks from UBC President Dr. dors for Canada in key Asian markets. The with APEC processes and well-­ Martha Piper and our own APF Chair, Da- inaugural meeting of the new council in informed about Canada-Asia trade vid Emerson, along with the Executive Vice February was an incredible success. and investment policy issues. President of the Chinese People’s Institute of Foreign Affairs, and former Ambassador Chaired by Foundation Director and • Support the success of Canada’s of China to Canada, H.E. Lu Shumin. Global Managing Director of McKinsey & trade policy objectives as outlined Company, Dominic Barton, the Council by the Global Markets Action Plan is composed of approximately 30 distin- by engaging with key markets and guished Asian and Canadian business sectors in the Asia Pacific region. convene leaders from various key industries of in- • Facilitate Canada’s private sector in- The Asia Business Leaders Advisory terest, including agriculture and agri-food, put in APEC processes and enhance Council (ABLAC) was established by the energy and natural resources, technology Canada’s representation in policy and Foundation and several of its Directors and innovation, digital economy and finan- business networks across the Asia to catalyze stronger relationships and cial services, and the health sector. Pacific region. opportunities between Canada and Asia, The inaugural meeting this year was high- This ABAC event brought together some lighted in a national press release and doc- 60 local and international participants, ABLA C was established umented in a well-received op-ed in the including the Chair of ABAC 2015, Ms. Vancouver Sun newspaper, both timed for Doris­ Magsaysay Ho (Philippines), to dis- to catalyze stronger release on the morning of the event. cuss trade and investment issues of impor- tance to the Canadian business communi- relationships­ and The first Council discussed concrete ways ty and the region more broadly. There was in which to bolster Canada’s economic substantive discussion on regional trade opportunities between positioning and relationships with Asia. talks, labour mobility and management, Discussion at the meeting explored the internationalization of SMEs, infrastructure Canada and Asia. themes of (a) building Canada’s “brand” financing, Canada’s trade priorities in the in Asia, (b) defining Canada’scompet- region, and institutional engagement itive opportunities in Asia, and (c) through ABAC and APEC. deepening Canada-Asia commercial and people-to-people networks. The Foundation also collaborated this year with the University of British Key recommendations included: ­Columbia (UBC) and the University of Victoria (UVic) on two unique initiatives • Canada’s federal government should that allowed us to showcase our own work convene a meeting with provincial to new audiences while strengthening our Press play leaders and the business commu- partnerships with our friends in academia. to watch nity to develop a proposal for a the video. bold, consistent brand for Canada, UVic’s Asia Desk Forum in April brought building on provincial strengths. The together leading lawyers, academics, and group should define a path to estab- policy-makers for an in-depth look at re- lish this brand clearly and broadly. cent legal developments in Asia and their • The federal government should build relevance to the Americas. The Founda- a tool kit of trade instruments that tion supported the conference through will increase access and encourage social media, as well as our News Service Canadian stakeholders to trade with and Events listings. Asia. This includes increasing the number of bilateral and regional Joining our friends at UBC’s Liu Insti- trade agreements (TPP and China tute for Global Issues, the Foundation and India free trade agreements), was proud to co-present “Canada-China bilateral investment agreements, and Engagement: The 45th Anniversary,” a funding for innovative trade promo- celebration November 12, 2015, of the tion instruments. 45th anniversary of the establishment of diplomatic relations between Canada and • Federal and provincial governments China. should make Canada an interna- tional talent hub by finding ways The daylong event included panel ses- Donald R. to attract Asian talent and promote sions on the past, present, and future of Lindsay policies that encourage two-way

asia pacific foundation of canada | 2016 ANNUAL REPORT 11 year in review

flows through visa agreements and to convene curated, high-level audiences Mr. Maki (see blog here) described enhanced international mobility of up to 120 business, government, and essential emotions he embodied in his agreements. Some type of supply civil society leaders, and focus on bring- buildings, including peacefulness in a chain visa or business visa is essen- ing Canada and Asia closer on a business crematorium in Japan, serenity in the tial and, above all, Canada needs to or cultural issue. Aga Khan Museum, and connectivity move away from the terminology of in the Media Lab on the campus of the “temporary foreign workers.” This year in Toronto we hosted Japanese Massachusetts Institute of Technology. architect Fumihiko Maki, whose recent Mr. Niinami (see blog here) spoke about The Foundation played a vital role this projects include the Aga Khan Museum his company’s global expansion, fiscal year as a convenor of Asia Pacific practi- in Toronto, Tower 4 in the World Trade and economic reform in Japan, and the tioners across several other projects and Center redevelopment in New York, the importance of understanding other cul- dozens of events in Toronto as well as Bihar Museum in India, and Shenzhen tures in international business. Mr. Li (see in our innovative and flexible new office Sea World Cultural Arts Center in China; blog here), the chief architect of Alibaba’s space in Vancouver, with some notable Takeshi Niinami, CEO of Japanese food Alipay platform, shared his experience highlights. and beverage conglomerate Suntory in the exploding field of Chinese e-com- Holdings; and Jingming Li, a senior merce, and invited Canadian companies In response to the rapid ramping up of executive at Ant Financial Services, the to participate in Singles’ Day – China’s nuclear generating capacity in the Asia financing and payment processing plat- largest online sales day of the year – in Pacific, the Foundation convened a day- form of China’s Alibaba Group. 2016. Chinese consumers purchased long workshop in Toronto in December US$14.3 billion worth of goods on called “Mobilizing Canada’s ­Nuclear Singles’ Day in 2015, yet no Canadian Energy Opportunity in Asia” that companies took part. addressed how Canada can maximize Building on our ability to opportunities connected to uranium and Building on our ability to convene key nuclear energy technology and services convene key stakehold- stakeholders in the Canada-Asia dialogue sales in the region. The Foundation in a timely and relevant manner, in the brought together 60 key stakeholders ers in the Canada-Asia week prior to the Canadian federal elec- from industry, government, and research tion, the Foundation hosted a roundtable institutions for a series of thematic panels, dialogue in a timely and in Toronto for Asian business leaders discussion from which formed the basis and the city’s Asian consular corps to of our Maximizing Canada’s Nuclear relevant manner discuss how the election would play out Engergy Opportunity in Asia report, a and how different result scenarios would planned component from our yearlong define our economic, political, and strate- Mobilizing Energy Assets Project. gic relationships across Asia.

Key recommendations included: The friendly — often feisty — discussion was led by senior advisors to the Conser- vatives, the Liberals and the NDP, and • Collaborating with Asian countries was expertly moderated by John Stack- on nuclear energy technology and house, Senior Vice-President, CEO’s Of- services to assist these countries to Press play fice, atRBC . Bennett Jones LLP hosted. combat climate change and environ- to watch the video. mental hazards; In Toronto in October, the Foundation • Bolstering Canadian R&D through convened a roundtable for the Hon. research partnerships with Asian ­Stephen McNeil, Premier of Nova countries; and Scotia, and senior executives of Asian companies with a presence in Canada. • Partnering in the provision of nuclear safety technology and expertise. Premier McNeil, who had recently re- turned from a business mission to China We extended our special thanks to the and Japan, told attendees that the prov- Canadian Nuclear Safety Commission, ince of Nova Scotia welcomes investment Natural Resources Canada, SNC-Lavalin from Asia and has strengths in a number Inc./Candu Energy Inc., Cameco, and of key sectors, including seafood and Canadian Nuclear Partners for their education. The informative session led funding support and to Blake, Cassels & to ongoing connections among several Graydon LLP for hosting the event. companies, the province and the Foun- This year’s Asian Leaders Speaker Series dation. (ALSS) was another successful initiative Donald that highlighted the Foundation’s ability Campbell

12 asia pacific foundation of canada | 2016 ANNUAL REPORT connect

Today’s young Canadians will graduate into a world that will look very different from the one their parents and teachers knew. Which is why “Asia competence” – the knowledge, skills, and experiences needed to be successful engaging with Asia – is vital to Canada’s future engage- ment with the region.

This year, our Asia competence work centred on the secondary and post-sec- ondary levels with the introduction of Asia into high-school learning, and through supporting internships, co- ops, and study abroad in Asia through scholarships for university and college students. We also launched our Connect to Asia program of student workshops and seminars and connected directly with Canada’s Asia-engaged youth through our new Asia Pacific Youth Council.

In April, the Foundation set the tone The new Asia Pacific Youth Council, created to connect the Foundation with Canada’s youth. for the year ahead when it awarded a $50,000 grant to AIESEC Canada to help the youth-run not-for-profit promote Asia-related skills and knowledge among Among the activities of the Connect to lence in Journalism, and were interviewed young Canadians. AIESEC Canada was Asia program this year, some of the high- by the Canadian-Filipino media. selected through a competitive process, lights included: and is using the grant to develop a series And in March 2016, we launched the Asia of marketing campaigns to promote • A two-part workshop providing tools Pacific Youth Council, an eight-member international work experience in Asia’s and techniques for writing better blogs group of Metro Vancouver-based student three largest countries: China, India, and on Asia: We had 13 students attend. leaders and young professionals that Indonesia. meets regularly to advise the Foundation • A workshop for students to learn on communications and programming more about the Rohingya issue and In the fall, the Foundation established a to reach a younger audience, as well as Canada’s engagement with Myan- to manage their own set of events and relationship with the BC Social Studies mar: We had 11 students attend, outreach efforts. Teachers Association (BCSSTA) around many of whom formed an ongoing developing Asia-themed curriculum watch group. materials to be introduced into B.C. class- The Foundation was also instrumental this rooms starting in the fall of 2016. And the • The Philippines Election Watch Team year in connecting the business, academic, Foundation and BCSSTA are co-devel- initiative: A group of nine students and diaspora communities in Canada to oping an Asian Studies elective course met over the course of four months distinguished leaders and individuals from that will be offered in B.C. high schools and created a blogging site to the Asia Pacific. In May, the Foundation, starting in 2017. monitor and analyze the Philippines with support from Sun Life Financial and general election. in association with the Canada-ASEAN In our continuing efforts to raise cultural Business Council, hosted a roundtable in Toronto with Philippines President Benig- awareness and build the competencies The Election Watch Team was a particu- of globally minded young leaders in Can- no Simeon Aquino III and prominent mem- larly successful initiative. The young mem- bers of the Canadian business community. ada, we launched the Connect to Asia bers connected with the local Philippines program early this year. In its first year, The roundtable provided an opportunity consulate and Filipino community to for Canadian executives to discuss oppor- the program targeted post-secondary learn more about local get-out-the-vote students and recent graduates in Metro tunities for trade and investment with the efforts, met with Joseph Morong, a senior Philippines, a priority market for Canada. Vancouver, with plans moving forward reporter with the GMA network in the to connect with post-secondary students Philippines and a recipient of this year’s throughout Canada. Before and during Prime Minister of Marshall McLuhan Fellowship for Excel- India Narendra Modi’s visit to Canada in

asia pacific foundation of canada | 2016 ANNUAL REPORT 13 year in review

April — with stops in Toronto, Ottawa, and Pacific stakeholders in our innovative Vancouver — the Foundation played an new office space that was purpose-built RESEARCH & important role connecting Canadians, the specifically with the flexibility to help us -fa ANALYSIS Canada-India diaspora, and our business cilitate different types and sizes of groups, and government leaders with PM Modi and including: And finally, this year, the Foundation con- his eagerness to engage Canada in invest- tinued to lead the way in helping Cana- ment and technology sharing as part of his • A closed, advisory roundtable with dians better understand the Canada-Asia campaign of domestic growth and reform. Canada’s Minister of International dynamic through our ongoing research Trade, Chrystia Freeland, on the and analysis, created and/or shared with Our activities surrounding the first bilateral Trans-Pacific Partnership; our partners in government, business, visit to Canada by an Indian Prime Minister and academia. since 1973 included a 52-page report by • A multimedia public presentation by Mark McDowell, Canada’s first former Foundation Director Dr. Douglas We conducted two national opinion polls Goold, entitled Canadian Companies That resident Ambassador to the Republic of the Union of Myanmar; this year, one on Canadian Views on Do Business in India: New Landscapes, Asian Investment in June and the other New Players and the Outlook for Canada, • A public presentation by Eric on Canadian Views on the Trans-Pacific and an invitation from the National Alli- Walsh, Canada’s Ambassador to Partnership in October. ance of Indo-Canadians to Stewart Beck, Korea, to explore the impacts of the former Canadian High Commissioner to ­Canada-Korea Free Trade Agree- The Canadian Views on Asian Investment India, to co-host a community reception ment, discuss Canada’s potential role survey provided an in-depth analysis for PM Modi at Ricoh Coliseum in Toronto. in helping Korea join the TPP, and of Canadian attitudes toward invest- The sold-out event represented an extraor- unravel recent security developments ment from Asia, and led to the Chinese dinary moment in the bilateral relation- on the Korean Peninsula; ­Embassy publically responding to our ship and earned the Foundation historic survey findings, noting an intention to • A conversation on culture and politics brand exposure — and the top tweet of the do more on public relations regarding with H.E. Lyonchhen Tshering Tobgay, month, with a single tweet from the event Chinese investment. the Prime Minister of Bhutan; and garnering some 2,230 impressions. • Floor 9 Salon Series: South Asia The Canadian Views on the Trans-Pacific Capitalizing on the wave of excitement Beats, the first in our quarterly Partnership survey provided the most in- and anticipation around the PM Modi multi-disciplinary arts series featuring depth analysis yet of Canadian attitudes visit while highlighting our own ability to artists and performers from the Asia toward the TPP, and our results were used provide timely and insightful analysis on Pacific diaspora in Canada. in briefings with multiple government issues relevant to Canadians, the Foun- officials, including Canada’s Minister for dation released a series of op-eds in the International Trade and top officials work- national media around the time of the ing on the trade file. Canadian visit. They included: Meanwhile, our multi-year The Asia • “P.M. Modi’s ‘Transformative’ Canada Factor project focused this year on Visit,” by Foundation Vice President Atlantic Canada, and was support- Kasi Rao. ed in part by the Atlantic Canada • “PM Modi Visit: Unique Opportunity ­Opportunities Agency. Beyond out- for Canada-India Nuclear Energy reach to Atlantic Canadian compa- Collaboration,” by Stewart Beck nies and government, key activ- ities on this file included work • “Harper-Modi Combo Bodes Well toward the completion and for Future of Canada-India Relation- release of several reports, in ship,” by researchers Vivek Dehejia French and English. and Rupa Subramanya On The Asia Factor file itself, • “Canada, India Must Forge key activities this year includ- Closer Ties on Oil and Gas,” by ed updates to the Foundation Fellow by Saumitra 2016 Asia as well as the ­Chaudhuri Factor Booklet project’s website. • “Indian PM’s Upcoming Visit to Canada Could Yield Welcome Our Understanding Asia in Economic Benefits,” by research- Press play 2030 and the Implications er Douglas Goold to watch for Canadian Transportation the video. Also this year, we connected private Nicole Chan and Oliver Mann Policy report, commissioned and public audiences with key Asia by the Canada Transportation

14 asia pacific foundation of canada | 2016 AnnUAL REPORT In 2016 the Foundation expanded into new downtown Vancouver office space.

Act Review Secretariat, was submitted to relations with the Asia Pacific. We look Our scoping paper, China’s Energy Com- government in September. It describes forward to launching the project in the mitment, provides an overview of China’s global trends in Asia affecting the region’s coming year. energy policy-making structure and the future development and Canada’s trans- country’s targets and implementation portation systems in the next 15 years. And finally, whenNatural Resources measures for reducing greenhouse gas Canada requested assistance in identify- emissions as well as for the production Our researchers identified major trends ing areas of focus for a potential Track II and consumption of all energy types. in the Asia Pacific under the framework process with China on energy issues, the of five key drivers of change: 1) demog- Foundation was happy to assist. The paper identified areas where China raphy and society, 2) economics and is seeking international co-operation: finance, 3) energy and the environment; commodity imports, foreign investment in 4) technology and innovation, and 5) se- energy-related infrastructure and sectors, curity, and provided recommendations on carbon capture and storage technology, how Canada’s transportation systems can shale gas technology, smart grid technol- respond to these drivers of change. ogy, nuclear energy technology, water conservation, and reclamation. Also this year we started work on the APF Canada Investment Monitor through This past year saw the Foundation activate a partnership with the School of Public many of the plans and programs it initiat- Policy, University of Calgary, and spon- ed in the previous fiscal year. With a con- sorship from AdvantageBC, Bank of tinuing focus on specific and actionable Canada, Export Development Canada, policy advice, along with sound research and the Government of British Colum- and analysis, we connected, convened, bia. and collaborated with partners and stakeholders in government, business, Meanwhile, the Asia Pacific Foundation of academia, and civil society. Canada Investment Monitor project will provide the primary hub for government, With a sense of strategic purpose we look business leaders, academics, media, civil forward to serving Canada and Canadians society, and the Canadian public to better in the context of the Asia Pacific in the understand Canada’s two-way investment years ahead.

asia pacific foundation of canada | 2016 ANNUAL REPORT 15 Our Impact 2015-2016

The Foundation’s goal is to be at the relationship with the Asia Pacific region. catalytic centre of the Canadian conversation It is critical that our editorial content and about the value of deepened engagement public messaging is consistent, relevant, with Asia. and effective in stimulating dialogue, Our success is measured where we effectively informing action, and adding value to the communicate that value to our target Canada-Asia conversation, particularly where audiences, particularly the youth demographic that conversation intersects with younger that will shape the future of Canada’s vital Canadians.

Top 10 Blog posts

10 Things Every Canadian Should 05 10 Things to Watch in 2016 01 Know About the TPP By APF Canada Staff December 15, 2015

Why China is Investing in Central Asia’s 06 Energy Infrastructure By Eva Busza and Justin Elavathil By Anatole Douaud, December 16, 2014 October 8, 2015 07 The Many Implications of Cheap Oil 02 in Southeast Asia By Kai Ostwald, March 16, 2015

08

Vancouver’s Foreign-owned Real Estate: Perceptions, Facts and Comparisons By APF Canada Staff, October 25, 2015

Journey to the West: The Strategic Importance of 03 My Interview with China’s Western Frontiers Lee Kuan Yew By Yvonne Lau, August 18, 2015 By Frank Koller, March 27, 2015

09 Russia as a Natural Gas Supplier to the 04 Asia-Pacific Region: A Conversation with Dr. Michael Bradshaw By APF Canada Staff, January 12, 2015

Japanese Youth’s Political Engagement: 10 A Trashy Tale: How I Learned How to Take Now or Never Out the Garbage in Taipei By Valentine Ostaszewski By the Social Innovation Research October 21, 2015 Group-Taiwan, December 11, 2012

16 asia pacific foundation of canada | 2016 ANNUAL REPORT key numbers Top 5 Canada-Asia Agenda reports Our Canada-Asia Agenda reports provide timely, research-based analysis on issues relevant to the contemporary Canada-Asia relationship. Our contributing authors are usually specialists in Asia Pacific politics, diplomacy, security, economics, business, 1,754 social change, innovation, education, culture, and media. 01 Taiwan Media Hits Elections 2016: Certain Outcome, Uncertain 32 Implications Op-Eds

02 China Looks North: Carving 57 Out a Role in the Arctic Speeches 38 03 China’s Regime Events Stability — Sustaining or 8 Collapsing? Major Reports

04 Canada and India: A New 2 Beginning National Opinion Polls

9,730 05 South Korea’s Emissions Subscribers Trading System: Challenges, Prospects and Lessons for Canada

asia pacific foundation of canada | 2016 ANNUAL REPORT 17 online + social media

Our interactive brand engage a younger, broader audience. ‘conversation’ across platforms and The creation of relevant research, timely channels – where social media pushes to blogs, engaging infographics, and custom content and content links out to social media, microsites further engages our target and our collateral communications promote demographic in our brand narrative, creating both – further supports the Foundation’s visual stories and interactive experiences that core themes and its ongoing efforts to enliven the Canadian conversation on Asia.

Website Statistics 2015-16 187,189 Visits +9% 204,121

Unique 132,494 +13% visits 150,426

2014-15 2015-16 Top Source Countries (in order): Canada, U.S., India, U.K., China, Japan, Hong Kong, Singapore, Philippines, Australia

Facebook ‘likes’ increased by 28% (from 1,574 to 2,019) New vs. Returning LinkedIn ‘followers’ Visitors: 73% new, increased by 27% returning 42% (from 767 to 1,087)

Twitter ‘followers’ increased by 42% (from 2,783 to 3,939)

Facebook was the highest referral source (53% of visits) last year, followed by Twitter (32%) and LinkedIn (10%).

18 asia pacific foundation of canada | 2016 ANNUAL REPORT 2016

A Year in reports

» April » may

Canadian Companies That Do Business in India The Asia Factor in Atlantic Canada

» july » September Conference Report: ABAC Canada Executive Roundtable 2015

The Asia Factor: 2015 Update

China’s Innovation Incubators: Platforms for Partnerships

» November » January

International Collaboration Mapping Networks of Building Blocks for a and Innovation: Comparing Innovative Clusters Canada-Asia Strategy Innovation Zones in the Between China and Canada Chinese Market

asia pacific foundation of canada | 2016 ANNUAL REPORT 19 in the news Selected articles

» April 2015 The Globe and Mail » July 2015 May 4, 2015 The Globe and Mail Vancouver Sun April 9, 2015 “Canada and the Philippines: Step July 12, 2015 up the commitment” “Indian PM Modi eyes uranium “Canadian presence in Asia requires In advance of Philippines President ­supply deal with Canada” more than economic interest” Benigno Aquino’s visit to Canada, Stewart Beck describes Canada’s Asia Pacific columnist Chuck Chiang Distinguished Fellow Hugh Stephens re-engagement with India on nuclear references an address at the Foun- argues in this op-ed that if Canada power a game changer as Ottawa dation by Foreign Affairs Minister wants to demonstrate its commitment prepares to welcome Indian Prime Rob Nicholson, where Nicholson said to the region, it must concentrate Minister Narendra Modi to Canada. ­Ottawa intends to play a significant more effort on the Philippines. role in boosting regional security and The Times Colonist working on areas like the India-Paki- » June 2015 April 10, 2015 stan tensions and the island disputes “Comment: Southeast Asia should Vancouver Sun in the South China Sea. be on our economic radar” June 2, 2015 An op-ed from Stewart Beck on “Canadians open to foreign invest- The Globe and Mail the economic opportunities in the ment, except from China” July 21, 2015 group of economies in Southeast Political pundit Peter O’Neil covers “TPP talks offer an opportunity for Asia known as the Association of our national opinion poll, noting Canada to punch above its weight in ­Southeast Asian Nations. British Columbians are particularly huge Asian market” worried about environmental issues In this op-ed, Stewart Beck argues Power and Politics when it comes to investment. that Canada is at a pivot point with April 27, 2015 the Trans-Pacific Partnership, and will “Nepal earthquake response” Business News Network be forced to challenge conventional Stewart Beck discusses the earthquake June 3, 2015 wisdom around Canada’s antiquated in Nepal with the CBC’s Terry Milewski. “National poll finds Canadians system of supply management. welcome Asian investment, just not » May 2015 from China” » August 2015 BNN speaks with Eva Busza about the Embassy News China-US Focus Foundation’s latest national survey. May 4, 2015 August 11, 2015 “Attitudes to Asian investment: It all “Multinationals, SMEs must team up The Philippine Star depends on the context” for success in Asia” June 12, 2015 Eva Busza argues that the help need- Distinguished Fellow Hugh Stephens’s “Canadians hesitant about China ed for many Canadian small business- roundup piece on attitudes toward trade” es to reach full export potential in Asian investment. “Living in Canada” columnist Mel Asia cannot be achieved by govern- ­Tobias discusses results from our ment support alone. ­national opinion poll.

20 asia pacific foundation of canada | 2016 ANNUAL REPORT The Globe and Mail » November 2015 Vancouver Sun August 15, 2015 January 31, 2016 CTV News “China’s yuan devaluation was a November 7, 2015 “Canada’s expertise can fill labour ­significant move, but not a salvo” niche in Asia” “Leaders of China, Taiwan hold Senior Fellow Yves Tiberghien’s piece Asia Pacific columnist Chuck Chiang talks” on the devaluation of the yuan. explores the Foundation’s new Build- Stewart Beck discusses the signifi- ing Blocks for a Canada-Asia Strategy cance of a historic meeting between » September 2015 document. the presidents of China and Taiwan. Japan Times Canada » February 2016 September 7, 2015 CBC Radio Early Edition “Japan and Canada continue November 12, 2015 Vancouver Sun ­working towards a strong economic “45th anniversary of Canada-China February 19, 2016 partnership” relations” “In search of common ground in Christine Nakamura is quoted in a Stewart Beck and Senior Fellow Canada-China relations” story on how Canada and Japan Yves Tiberghien discuss 45 years of Distinguished Fellow Pitman Potter can ­further strengthen their strong ­Canada-China relations in advance of explores how Canadian concerns over economic­ partnership. celebrations at the University of B.C. China’s human rights violations, cor- ruption, and inadequate compliance The Globe and Mail » December 2015 with international and domestic law September 27, 2015 have impeded full discussion of how Waterloo Region Record to strengthen Canada-China relations. “The bounty in B.C.” December 8, 2015 Stewart Beck is quoted in a long- “Trans-Pacific Partnership deal isn’t form feature on British Columbia’s Vancouver Sun done until it’s done” ­engagement with Asia, urging February 24, 2016 The Foundation’s opinion poll on the ­Canadian businesses to consider “Raising our game in Asia” TPP is quoted with respect to supply a co-ordinated strategy instead of Stewart Beck announced the Asia management in this editorial. ­relying on one market. Business Leaders Advisory Council (ABLAC 2016) with this op-ed timed Ottawa Citizen » October 2015 to coincide with the inaugural confer- December 28, 2015 ence. Vancouver Sun “It’s time for unwritten rules about October 7, 2015 the public service to become clearer” » March 2016 “Trans-PacificP artnership could APF Canada Board members Jean ­benefit Canada-China trade rela- Charest and Kevin Lynch are ­quoted Vancouver Sun tions: analysts” in an article on a blue-chip panel March 7, 2016 Eva Busza and Senior Fellow Yves of experts on governance aimed at “Asia-Pacific Report: Canada ‘needs Tiberghien are quoted in a piece getting the public service back to its consistent brand’ in Asia” about the impacts of the TPP on a traditional non-partisan role. This piece on ABLAC 2016 says potential Canada-China free trade ­Canada needs to develop a consistent agreement. » January 2016 message and brand for its ­dealings with its Asian trading partners, The Globe and Mail The Globe and Mail ­featuring quotes from Stewart Beck. January 9, 2016 October 20, 2015 “Its fundamentals aren’t strong, but “Uranium miner sees China and China has the resiliency to weather India as key growth markets” its stock-market storm” Program manager Heather Kincaide APF Canada fellows Hugh Stephens discusses India and China reducing and Yves Tiberghien team up to tackle­ import dependency when it comes to January’s “meltdown” in China’s nuclear reactor fuel. economy with this responsive op-ed.

asia pacific foundation of canada | 2016 ANNUAL REPORT 21 Financial Statements

22 asia pacific foundation of canada | 2016 ANNUAL REPORT Statement of operations Year ended March 31, 2016 2016 2015

Revenue Investment income, net of investment consulting fee $1,136,100 $726,442 of $315,287 (2014: $282,235) Direct government funding $1,058,380 $398,974 Private sector funding $293,301 $595,576 Sponsored programs $50,585 $39,669 $2,538,366 $1,760,661

Expenses Projects $1,551,105 $1,609,323 Youth exchange program $816,150 $24,308 Administration $847,848 $1,009,287 Communication and public outreach $555,784 $684,529 Facility and amortization $397,515 $325,629 Grants program $391,124 $466,443 Secretariats $171,803 $452,449 Board $85,672 $183,814 $4,817,001 $4,755,782

Deficiency of revenue over expenses before the undernoted ($2,278,635) ($2,995,121) Change in unrealized gain (loss) on investments ($1,553,806) $8,088,243

(Deficiency) excess of revenue over expenses ($3,832,441) $5,093,122

asia pacific foundation of canada | 2016 ANNUAL REPORT 23 Statement of financial position As at March 31, 2016 2016 2015

Assets Current assets Cash $673,449 $723,860 Accounts receivable $86,765 $14,995 Prepaid expenses $99,582 $74,406 Investments $65,649,815 $69,314,362 $66,509,611 $70,127,623

Equipment and leasehold improvements $227,022 $167,451 Deposits $27,634 $6,780 $66,764,267 $70,301,854

Liabilities Current liabilities Accounts payable and accrued liabilities $497,017 $955,712 Current portion of capital lease obligation $26,935 - Deferred program revenues $606,692 $76,728 $1,130,644 $1,032,440

Non-current lease obligation $22,446 - Deferred lease inducements $61,009 $81,619 Accrued grant obligations $194,814 - $1,408,913 $1,114,059

Commitments and contingent liabilities Net assets Restricted endowment fund $50,000,000 $50,000,000 Unrestricted funds $15,355,354 $19,187,795 $65,355,354 $69,187,795 $66,764,267 $70,301,854

24 asia pacific foundation of canada | 2016 ANNUAL REPORT Statement of cash flows Year ended March 31, 2016 2016 2015

Operating activities (Deficiency) excess of revenue over expenses ($3,832,441) $5,093,122 Items not involving cash Amortization $71,280 $71,148 Amortization of deferred lease inducement ($20,610) ($31,766) Change in unrealized gain on investments $1,553,806 ($8,088,243) ($2,227,965) ($2,955,739)

Changes in non-cash working capital Accounts receivable ($71,770) $112,924 Prepaid expenses ($25,176) ($13,350) Deposits ($20,854) $10,350 Accounts payable and accrued liabilities ($458,695) $522,200 Deferred program revenues $529,964 ($437,419) ($2,274,496) ($2,761,034)

Investing activities Purchase of equipment and leasehold improvements ($76,981) ($5,048) Investments, net draw-down $2,110,741 $2,523,058 Accrued grant obligation $194,814 - $2,228,574 $2,518,010

Financing activities Capital lease payments ($4,489) -

Decrease in cash ($50,411) ($243,024) Cash, beginning of year $723,860 $966,884 Cash, end of year $673,449 $723,860

Supplementary cash flow information Equipment purchased under a capital lease $53,870 -

asia pacific foundation of canada | 2016 ANNUAL REPORT 25 Donors

operational and grant funding in our mission to be Canada’s catalyst for support is provided through an endowment engagement with Asia and Asia’s bridge to fund established by the Government of Canada. Canada. Below is a list of contributors who have helped We are also grateful to the individuals, make our research and activities possible. corporations, foundations, and government Thank you. agencies that have supported us this year

» $50,000+ Spectra Energy Sun Life Financial Canada Atlantic Canada Opportunities Agency Teck Resources Limited Black-Tip Investments Ltd. Transport Canada BMO Financial Group The Wilson Foundation Clarus Foundation CN Rail » Under $10,000 Cumming Foundation Anna Biolik de Gaspé Beaubien Borden Ladner Gervais LLP Foundation Cameco Corporation Onex Corporation Christine Day Province of British Farris, Vaughan, Wills & Columbia, Ministry of Murphy LLP International Trade Daniel P. Hays Robert H. Lee Foundation Victor and William Fung Robert A. Ingram Foundation Limited Manulife Financial Ministry of Foreign Affairs » $10,000 - of Japan $49,999 Moriyama & Teshima Air China Architects Canadian Nuclear Safety Ontario Power Generation Commission Robert Pace Candu Energy Inc. Huawei Canada The Michael & Sonja Province of Ontario, Koerner Charitable Cathay Pacific Husky Energy Ministry of Economic Foundation Cenovus Energy James Richardson & Sons, Development, Employment Natural Resources Canada & Infrastructure CIBC Limited and Affiliated Companies Nexen Hon. John Reynolds, PC Export Development Canada Japan Foundation Ryerson University Royal Bank of Canada Fiera Capital Donald R. Lindsay Shell Canada Alison Winters Global Affairs Canada Anonymous SNC-Lavalin Nuclear James W. Wright

26 asia pacific foundation of canada | 2016 ANNUAL REPORT Governance

» BOARD MEMBERS David L. Emerson Chair, Asia Pacific Foundation of Canada; Chair, Emerson Services Ltd.

Marie-Lucie Morin Vice Chair, Asia Pacific Foundation of Canada

Murad Al-Katib President & CEO, AGT Food and Ingredients Inc.

Dominic Barton Managing Director, McKinsey & Company

Stewart Beck President and CEO

Jean Charest Partner, McCarthy Tetrault LLP Board Member Evaleen Jaager Roy at APF Canada’s Board Dinner in 2015.

Colin Dodds Sandra Pupatello Brian Job President Emeritus, Professor of Strategic Advisor, Industry, Global Professor of Political Science and Finance, Saint Mary’s University Markets & Public Sector, PwC Canada Associate Director, Institute of Asian Research, UBC Kevin Falcon John D. Reynolds Executive Vice President, Anthem Senior Strategist, Lang Michener Capital Joe Knockaert Indira Samarasekera Former Director, BC Council for Blaine Favel Former President and Vice-Chancellor, International Cooperation, Canadian Executive Chair, One Earth Oil and University of Alberta International Development Agency, Gas SFU Graham Shantz George Heller Director General, North Asia, DFAIT Corporate Director Ito Peng Director of the Centre for Global Evaleen Jaager Roy Social Policy, University of Toronto Principal, Jaager Roy Advisory Inc. FELLOWS Daniel Savas Vikram Khurana » Senior Fellows CEO, Prudential Consulting Inc. Saumitra Chaudhuri Visiting Professor, SFU Former Member, Economic Advisory Paul Lee Council to the Prime Minister of India Yves Tiberghien Managing Partner, Vanedge Capital Associate Professor and Director of Arvind Gupta the Institute of Asian Research, UBC Kevin Lynch Former President, UBC Vice Chair, BMO Financial Group Deanna Horton David Zweig John H. McArthur Visiting Senior Fellow, Munk School of Associate Professor and Chair of Dean Emeritus, Harvard Business Global Affairs, University of Toronto the Department of Management, School University of Toronto

asia pacific foundation of canada | 2016 ANNUAL REPORT 27 Governance

» Distinguished Fellows Don Campbell Senior Strategy Advisor, Davis LLP

Joseph Caron Honorary Professor, Institute of Asian Research, UBC

Stockwell Day Former President of the Treasury Board and Former Minister for the Asia-Pacific Gateway, Government of Canada

Len Edwards Former Deputy Minister of Foreign Affairs, Department of Foreign Affairs and International Trade Canada

Michael Goldberg APF Canada President and CEO Stewart Beck, VP, Research & Programs, Professor and Dean Emeritus, Sauder Eva Busza, and VP, Development & Corporate Affairs, Jill Price. School of Business, UBC Prashant Pathak Pilar Alba David Mulroney CEO Ekagrata Inc., Managing Partner, Executive Assistant to Stewart Beck Distinguished Fellow, Munk School of ReichmannHauer Capital Global Affairs, University of Toronto Nathan Allen Mukund Purohit Program Manager, Surveys & Pitman Potter Chair and Managing Director, Research Methods Professor of Law, Director of Chinese Neopolitan Pizza Limited (India) Legal Studies, UBC Charleen Beloin Executive Assistant to Jill Price Hugh Stephens staff and to the Board Principal, Trans-Pacific Connections Stewart Beck President & CEO Erica Branda » Executive Fellows Development Manager Isabelle Courville Eva Busza Chair, Laurentian Bank of Canada VP, Research & Programs Lauren Chang Development Manager Doug Horswill Jill Price Senior VP, Teck Resources Limited VP, Development & Corporate Affairs Tracey Chatters Events Manager Jingming Li Kasi Rao Group VP & President Alipay US, VP and Director, Toronto Office Cathy Cleary Chief Global Technology Architect, Executive Assistant to Stewart Beck Ant Financial/Alibaba Group Christine Nakamura Director, Public Relations & Marketing Jordon Dupuis Geoffrey Mitchell Project Manager, Toronto Office President, Brant Energy Inc. Mari Abe Office Administrator, Toronto Office Justin Elavathil Alison Nankivell Program Manager, Trade, Investment, VP, Venture Capital Action Plan, Poppy Aga and Innovation Business Development, Bank of Canada Executive Assistant to Stewart Beck

28 asia pacific foundation of canada | 2016 ANNUAL REPORT K. Forbes Information Specialist/Website Manager » Post-Graduate Research Scott Harrison Fellows Project Specialist Tiffany Chua Angie Hsu Scott Harrison Database & Technology Specialist Serena Ko Annie Hu Kyaelim Kwon Accountant Ian McDonald Rufina Kyung Eun Park Iris Jin Senior Program Manager, Trade, Pauline Stern Investment, Innovation, and ­ Justin-Antoine Veuthey Canada-China Relations » Junior Heather Kincaide Media Fellow Adam Walsh in Shanghai. Program Manager, Energy and the Research Environment Fellows T revor Fairlie Charles Lebreque Michael Roberts Project Manager Communications Manager Andisheh Fard Robert Gorwa Shoko Lutic-Hotta Chantale Walker Katerina Graham Database Administrator Senior Policy Advisor & Program Trevor Kennedy Manager Trang Nguyen Yingqiu Kuang Program Manager, Networks and Erin Williams Amnit Litt Current Affairs Program Manager, Skills & Mai Murray Competencies Christine Park Valentine Ostaszewski Program Assistant, Media and Christeen Young Pallavi Roy Research Executive Assistant to Eva Busza Lotus Ruan

» MEDIA FELLOWS Melanie de Klerk Assignment editor, field producer and reporter with Global National News in Vancouver.

Bill Strautman Freelance agri-business writer and communications professional from Saskatoon, Saskatchewan.

Adam Walsh Multimedia reporter for CBC from St. Junior Research Fellows Trevor Fairlie and Valentine Ostaszewski at the Foundation’s John’s, Newfoundland and Labrador. Vancouver­ office.

asia pacific foundation of canada | 2016 ANNUAL REPORT 29 Asia Pacific Foundation of Canada - Asia Pacific Foundation of Canada - Head Office Toronto Office

900-675 West Hastings St. 205-375 University Ave. Vancouver, BC Toronto, Ontario Canada V6B 1N2 Canada M5G 2J5

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