Economy · 18 d ago
Sophie Bouquillon · CC BY 4.0 · Wikimedia Commons
Canada and India move closer to a trade deal after a week of talks
Commercial agreements signed on the mission
34 deals
International Trade Minister Maninder Sidhu led nearly 300 Canadian businesses to New Delhi, Bengaluru and Mumbai. The mission brought 34 commercial agreements worth almost $300 million, according to his office.
Sidhu met Indian Industry Minister Piyush Goyal in New Delhi and Mumbai, their 10th meeting since May 2025. Both countries aim to conclude a Comprehensive Economic Partnership Agreement by the end of the year.
Trade in 2025
$30.4 billion
Goal for 2030
$70 billion
Two-way trade between Canada and India reached $30.4 billion in 2025, and the federal government aims to double it to $70 billion a year by 2030.
Dec
11
Friday
Toronto and Ottawa
Prime Minister Mark Carney confirmed that Indian Prime Minister Narendra Modi will visit Toronto and Ottawa on Dec 11 and 12.
Background
Talks that began in 2010 were shut down in 2023, after Ottawa accused New Delhi of a role in the killing of a Sikh activist in Surrey, British Columbia. Carney made resetting relations a priority after taking office in 2025.
