Ministers Baird and Fast Announce New Appointment to APEC Business Advisory Council

February 17, 2012 - Foreign Affairs Minister John Baird and the Honourable Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway, today announced the appointment of Philip Leong, Vice-President and Director of RBC Dominion Securities Inc., as one of Canada’s representatives to the Asia-Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC).

“Mr. Leong’s extensive experience in the financial sector will prove to be invaluable in advancing Canadian business interests in ABAC, particularly during this period of global economic uncertainty,” said Baird. “I am pleased that he has agreed to take on this important position.”

“Canada’s active and growing trade and investment ties in the Asia-Pacific region will be well served by having Mr. Leong serve on the Council,” said Minister Fast. “Our government is committed to deepening our trading relationships in the Asia-Pacific region as part of our efforts to create jobs and prosperity for Canadian workers and families. I look forward to working with Mr. Leong in helping Canadian businesses expand and succeed in these high-growth markets.”

Mr. Leong will play a key role in representing the interests of the Canadian business community to business and political leaders throughout the Asia-Pacific region.

ABAC provides a crucial interface between Canadian business leaders and their counterparts in the Asia-Pacific region, enabling them to engage on issues of interest related to trade and economic cooperation.

Minister Baird and Minister Fast will work with Mr. Leong and ABAC members Isabelle Courville, President of Hydro-Québec Distribution, and V. Paul Lee, Managing Partner of Vanedge Capital, to further public-private cooperation within APEC.

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A biographical note on the appointee follows.

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Biographical Note

Philip Leong (BA [Economics and Political Science], University of Saskatchewan, 1984; Canadian Investment Manager; Fellow, Canadian Securities Institute; Associate, Institute of Canadian Bankers) is vice-president and director, and Chairman’s Council member, at RBC Dominion Securities. From 2001 to 2006, he was vice-president and Chairman’s Council member at BMO Nesbitt Burns. From 1984 to 1987, he held banking and finance positions in Asia. Mr. Leong is the founder and chairman of the Liberty Foundation, an organization with the dual mandate of promoting international freedom and democracy domestically and internationally and helping new immigrants to settle and integrate in Canada. He is a member of the President’s Advisory Council of the University of Toronto Mississauga and a member of the Board of Governors of the Chinese Cultural Centre of Greater Toronto.