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Canadian Prime Minister Mark Carney connected Saturday (February 28, 2026) said his state is negotiating a broad economical concern statement with India with the volition to treble two-way commercialized by 2030.
It is expected to beryllium signed by extremity of this year, Mr. Carney said portion addressing the Canada-India Forum successful Mumbai. The Canadian PM is connected a four-day sojourn of India.
"This is an tremendous accidental for some our countries.. but it is 1 that is astir to determination to the adjacent level. We should purpose overmuch higher, and we are aiming overmuch higher, and to beryllium much strategical successful our partnership. And that's why, instantly aft my predetermination past year, our authorities acceptable retired to renew our narration with India," helium said.
"I invited Prime Minister Modi to the G7 Summit successful Canada. When helium came a fewer weeks later, we agreed to re-engage crossed security, vigor and technology. A fewer months later, astatine the G20 Summit successful Johannesburg, Prime Minister Modi and I launched a landmark concern with Australia connected captious minerals and technology," Mr. Carney said.
During this visit, Canada is focused connected halfway areas wherever it tin enactment unneurotic to make that greater sovereignty, greater choice, and greater prosperity for our people, helium said.
"That people begins with nutrient and energy, fixed Canada's presumption arsenic a nutrient and vigor superpower," helium said, adding that it besides extends to atomic cooperation, from being the astir reliable semipermanent supplier of uranium to gathering large-scale and SMR (Small Modular Reactors).
"We could besides beryllium India's strategical spouse successful captious minerals and metals for your manufacturing, for your cleanable tech, and for your atomic industries. And successful the different respect, India tin assistance america to treble our grid with cleanable powerfulness by 2040," helium added.
India's enactment successful AI and the integer system aligns good with Canada's ngo to make and commercialise those technologies, arsenic good arsenic quantum, to deepen its defence innovation, PM Carney asserted.
"Canada is clear-eyed astir the satellite arsenic it is, and we are arsenic determined to forge a caller way successful it. We are a assured and ambitious nation, and that confidence, that ambition, brings america present to India. To laic the foundations that person been laid by tens of millions of citizens successful some our nations. To enactment unneurotic to make a much resilient, a much prosperous, and a much conscionable aboriginal for our peoples," helium said.
