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Canada Walked Away From the AIIB Once. It Should Keep It That Way

Canada Walked Away From the AIIB Once. It Should Keep It That Way

Last updated: January 20, 2026 10:48 pm
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Canada Walked Away From the AIIB Once. It Should Keep It That Way

The Asian Infrastructure Investment Bank’s headquarters in Beijing on June 15, 2023. Jade Gao/AFP via Getty Images

Patricia Adams

&

Lawrence Solomon

1/20/2026|Updated: 1/20/2026

Commentary

In 2023, Canada embarrassed China by dramatically suspending its membership in the scandal-plagued, CCP-controlled Asian Infrastructure Investment Bank (AIIB). Given Ottawa’s latest deal with China and its pursuit of a “strategic partnership,” there is reason to fear that Canada may unwisely return to the AIIB fold once again.

Patricia Adams is an economist and president of the Energy Probe Research Foundation and Probe International, an independent think tank in Canada and around the world. She is the publisher of internet news services Three Gorges Probe and Odious Debts Online and the author or editor of numerous books. Her books and articles have been translated into Chinese, Spanish, Bengali, Japanese, and Bahasa Indonesia. She can be reached at [email protected]

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