Marginal note:Short title

1. This Act may be cited as the Asia-Pacific Foundation of Canada Act.

Marginal note:Foundation established

2. There is hereby established a corporation to be known as the Asia-Pacific Foundation of Canada, in this Act referred to as the “Foundation”.

Marginal note:Purpose of Foundation

3. The purpose of the Foundation is to develop closer ties between the peoples and institutions of Canada and the peoples and institutions of the Asia-Pacific region and to promote capacity development in persons and entities that share an interest in the Asia-Pacific region and the building of networks between them by

• (a) promoting mutual awareness and understanding of the cultures, histories, religions, philosophies, languages, life styles and aspirations in the Asia-Pacific region and Canada and their effects on each other’s societies;

• (a.1) promoting dialogue on, and understanding of, foreign policy issues as they relate to Canada and the Asia-Pacific region;

• (b) supporting development cooperation between organizations, institutions and associations in Canada and in the Asia-Pacific region;

• (c) promoting collaboration among organizations, institutions and associations in private and public sectors in Canada and in the Asia-Pacific region;

• (d) promoting closer economic and commercial ties between Canada and the Asia-Pacific region;

• (e) promoting, in Canada, scholarship in and expertise on economic, cultural, social and other subjects relating to the Asia-Pacific region, and in the Asia-Pacific region, scholarship in and expertise on economic, cultural, social and other subjects relating to Canada; and

• (f) collecting information and ideas relating to Canada and the Asia-Pacific region and disseminating such information and ideas within Canada and the Asia-Pacific region.

Marginal note:Powers

4. The Foundation has the capacity of a natural person and, without restricting the generality of the foregoing, the Foundation may,

• (a) initiate, finance and administer programs and activities relevant to its purpose;

• (b) support, assist and implement programs and activities by government, public or private organizations and agencies or by individuals for the furtherance of its purpose;

• (c) enter into contracts or agreements with governments, public or private organizations and agencies or with individuals;

• (d) publish or otherwise disseminate information of all kinds related to its purpose;

• (e) sponsor or support conferences, seminars and other meetings related to its purpose;

• (f) establish, maintain and operate information and data centres and facilities for research and other activities related to its purpose;

• (g) establish and award scholarships or fellowships for study related to its purpose;

• (h) give recognition, by such means as it deems appropriate, for outstanding contributions to the development of Canada’s relationship with countries of the Asia-Pacific region;

• (i) acquire and hold real property or any interest therein and sell or otherwise dispose of the same;

• (j) acquire any property, money or securities by gift, bequest or otherwise, and hold, expend, invest, administer or dispose of any such property, money or securities subject to the terms, if any, on which the property, money or securities is given, bequeathed or otherwise made available to the Foundation;

• (k) expend, for the purpose of the Foundation, such moneys as may be appropriated by Parliament or by any other government for the activities of the Foundation or received by it through the conduct of its operations;

• (l) expend, for the purpose of the Foundation, all amounts received by it as grants, contributions and donations of money for its activities; and

• (m) do such other things as are conducive to the fulfilment of its purpose and to the exercise of its powers.