The Foundation promotes dialogue on economic, security, political and social issues, fostering informed decision-making in the Canadian public, private and non-governmental sectors.

The founders aimed to create an independent source of thought on Canada's trade, investment and political relations with Asia.

This came amidst the growing perception of Canada as a Pacific country, compared with its relations being conducted primarily by the Eastern provinces across the Atlantic.

The Foundation was initially funded on short-term plans or for specific projects with contributions from both the Federal and Provincial governments, as well as by corporate and private donors.

APF Canada's thematic priorities include: promoting trade, investment, and innovation; advancing sustainability; building skills and competencies; and, understanding Asia now.