Trade and investment ties between India and Canada are expanding, with both countries preparing to launch negotiations for a Comprehensive Economic Partnership Agreement (CEPA). According to Ministry of External Affairs, goods and services trade saw strong momentum in 2024–25, while energy cooperation was relaunched at India Energy Week 2026 in Goa to deepen long-term collaboration.

BulletsIn

• Bilateral goods trade at CAD 13.32 bn in 2024
• Jan–Oct 2025 goods trade at CAD 11.09 bn
• Services trade higher at CAD 19.61 bn in 2024
• Jan–Sept 2025 services trade CAD 14.15 bn
• Canada portfolio investment in India over CAD 100 bn
• 600+ Canadian companies operating in India
• 1,000+ Canadian firms exploring Indian market
• India exports: pharma, electronics, gems, seafood, engineering goods
• Canada exports: minerals, pulses, potash, paper, scrap metals
• Ministerial Energy Dialogue relaunched at India Energy Week 2026; push for CEPA negotiations