Mr. Speaker, as the Conference Board has just demonstrated, the Conservative trade strategy for Asia has underperformed, with Canada losing ground to our competitors in investment, services and value-added exports.
Now we are missing another opportunity. The Asian Infrastructure Investment Bank is being launched and will be a major international institution providing access to billions in Asian infrastructure projects.
The deadline to become a founding member is March 31. The U.K., Germany, France and Australia have all joined. Will Canada join too, or will Conservatives miss another key opportunity to engage with Asia?