I am going to make a guess from the last time I ran into something similar(ish). The View Designer for SQL Server will fail on some things that are supported by the database, and I believe aspects of using openquery
in the view designer is one of those.
If I am correct (and you are not already trying to script it like below), you should be able to create the view via scripting it directly, something like:
CREATE VIEW dbo.myView AS
SELECT i.tag_name, i.value, i.aggregate_id,
i.aggregate_interval, i.time_stamp
FROM OPENQUERY(odbcclient,
'Select time_stamp, tag_name, value,
aggregate_id,aggregate_interval
from canarydata.data
where aggregate_id = ''TimeAverage2''
and aggregate_interval = ''1:00:00:00''
and tag_name LIKE ''%SearchVal%''')
AS i
GO