Mark Carney's India Visit for Trade
Analysis based on 21 articles · First reported Jan 26, 2026 · Last updated Jan 27, 2026
The upcoming visit of Mark Carney to India and the anticipated agreements on uranium, energy, minerals, and AI are expected to significantly boost trade and investment between Canada and India. This diversification of alliances by Canada, driven by concerns over potential US tariffs under Donald Trump, could create new market opportunities for Canadian companies in India's growing economy and secure critical resources for India.
Canadian Prime Minister Mark Carney is scheduled to visit India in the first week of March to sign significant deals on uranium, energy, critical minerals, and artificial intelligence. This visit is a crucial step in Canada's strategy to diversify its trade and diplomatic alliances beyond the United States, especially in light of Donald Trump's threats of tariffs on Canada if it pursues deals with China. The visit also aims to reset strained relations between Canada and India, which soured after former Prime Minister Justin Trudeau's accusations regarding India's alleged involvement in the killing of Hardeep Singh Puri. Formal negotiations for a Comprehensive Economic Partnership Agreement (CEPA) are expected to commence in March, with both nations expressing urgency to finalize a pact within a year. India's High Commissioner to Canada, Dinesh K. Patnaik, confirmed that a 10-year C$2.8 billion uranium supply deal is likely to be included. Canada's Energy Minister Tim Hodgson is currently in India to lay the groundwork for these agreements. High-level visits from India's Commerce Minister Piyush Goyal, Finance Minister Nirmala Sitharaman, and National Security Advisor to Canada are also anticipated.
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