APEC Business Advisory Council

The Asia Pacific Foundation of Canada serves as the secretariat for Canada's APEC Business Advisory Council (ABAC) members, providing research, analysis, and administrative support. This private sector body presents recommendations to APEC Leaders in an annual dialogue and advises APEC officials on business sector priorities and concerns. ABAC meets four times per year, and ABAC representatives also attend Senior Officials' Meetings, the Annual Ministerial Meeting, and the sectoral Ministerial Meetings.

Current Members

Latest Report

Artificial Intelligence (AI) promises to revolutionize the global economy, contributing as much as US$16 trillion in additional economic output by 2030 and boosting global GDP by 14 per cent. AI will foster continued economic growth and global integration, particularly in the fast-growing and technologically integrated economies of the Asia-Pacific Economic Cooperation (APEC).

APF Canada, in partnership with the APEC Business Advisory Council (ABAC) and ABAC (Canada) member Jan De Silva, Chair of ABAC’s Digital Working Group and President and CEO of Toronto Region Board of Trade, is pleased to share a critical contextual analysis of APEC’s readiness to capitalize on AI in the new report, Artificial Intelligence in APEC: Progress, Preparedness and Priorities.

2021 ABAC Virtual Meetings

ABAC I 2021 – February 9, 2021, New Zealand 

ABAC Digital Symposium 2021 - March 9 -11, 2021, Canada

ABAC II 2021 – May 11, 2021, New Zealand 

ABAC III 2021 – August 3, 2021, New Zealand 

ABAC IV 2021 – November 10,  2021, New Zealand 

ABAC Press Releases

Innovations to Solve for Pandemic Challenges to be Showcased in 3-Day Virtual Symposium

People, place and prosperity: Asia-Pacific business community’s call to action

Business Leaders submit recommendations to APEC Ministers Responsible for Trade to address the COVID-19 pandemic

Malaysia, 2020, APEC Collaboration the First-best Strategy to Combat COVID-19, says Business  

Sydney, Australia, 2020, Achieving Integration and Inclusion in the Age of Disruption

Jakarta, Indonesia, 2019, Never more important to affirm openness and economic integration, says ABAC Chair

Atlanta, USA, 2019, The digital economy can deliver massive gains – if we get policies right

Port Moresby, Papua New Guinea, 2018, Resolve trade tensions and drive regional cooperation to lift APEC living standards

Toronto, Canada, 2017, APEC must be a beacon of openness, inclusivity and innovation

ABAC Reports to Leaders

Kuala Lumpur, Malaysia, 2020: Integration, Innovation, Inclusion - Moving towards Economic Recovery and Resilience

Santiago, Chile, 2019: Inclusive and Collaborative Growth in the Digital Era

Port Moresby, Papua New Guinea, 2018: Digitization and Innovation – Advancing Social Harmony

Da Nang, Vietnam, 2017: Creating New Dynamism, Fostering a Shared Future