Key Takeaways:
- India and Canada are set to launch talks on a comprehensive trade deal, with Indian High Commissioner to Canada Dinesh Patnaik expecting a deal to be reached within a year.
- The trade deal is expected to include a uranium supply agreement between India and Canada, with Canada’s Cameco Corp. supplying the uranium.
- Indian investors are keen on investing in Canadian resources, including infrastructure, oil and gas, minerals, and critical minerals.
- Canada’s image in India is changing, with India no longer viewing Canada as a "younger brother" of the United States.
- The reset of relations between Ottawa and New Delhi comes after a two-year diplomatic rupture, but leaves unresolved Ottawa’s accusation that India was involved in the murder of a Canadian Sikh leader.
Introduction to Canada-India Relations
India has long viewed Canada as a country that is slow to approve foreign investment and major projects, but this perception is changing under Prime Minister Mark Carney. The Indian High Commissioner to Canada, Dinesh Patnaik, said in an interview that Mr. Carney has been carving out a more independent role for Canada, including with his recent speech at the World Economic Forum. This speech was seen as a veiled attack on the damage U.S. President Donald Trump has done to the international rules-based order. Mr. Patnaik said that India’s trade negotiators now have more capacity to focus on talks with Canada, following the conclusion
