Calgary (Rajeev Sharma) : CEPA, agriculture, energy, critical minerals and technology expected to shape Canada–India discussions.
Indian Prime Minister Narendra Modi’s scheduled visit to Canada on December 11–12, 2026, could give fresh momentum to economic relations between the two countries, with businesses watching for new agreements, investment commitments and expanded market access.
Canada exports substantial quantities of lentils, dried peas, chickpeas, coal, wood pulp, fertilizers, aerospace components, machinery and industrial metals to India. Indian exports to Canada include pharmaceuticals, textiles, garments, automotive components, engineering products and information technology services.
A major priority is the proposed Comprehensive Economic Partnership Agreement (CEPA). Negotiations are underway, with both countries targeting its conclusion by the end of 2026. The shared ambition is to increase annual bilateral trade to CAD $70 billion by 2030. However, the agreement has not yet been finalized.
Energy cooperation has already delivered a major result through Cameco’s CAD $2.6-billion uranium supply agreement with India’s Department of Atomic Energy. Further opportunities include LNG, crude oil, critical minerals, potash, fertilizers and renewable energy.
Aerospace, artificial intelligence, pharmaceuticals, advanced manufacturing and clean technology could also feature in future business agreements and joint ventures. Several cooperation initiatives and commercial agreements were announced during Prime Minister Mark Carney’s March 2026 visit to India.
For Alberta, Saskatchewan and British Columbia, expanded economic engagement could benefit farmers, energy producers, mining companies, manufacturers and technology businesses.
While new agreements during Modi’s December visit have not yet been officially confirmed, expectations remain focused on progress in CEPA negotiations, energy supplies, agricultural exports and investment partnerships.
The visit could create fresh opportunities for Canadian and Indian businesses, strengthening economic connections and supporting long-term growth in both countries.
