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Canada and India signed a $2.6 billion uranium supply agreement during Prime Minister Mark Carney's visit to New Delhi, with plans to double bilateral trade to $70 billion by 2030. The deal with Cameco will provide nearly 22 million pounds of uranium from 2027 to 2035, supporting India's nuclear energy expansion.

Additionally, both nations agreed to enhance cooperation in energy sectors, including liquefied natural gas and critical minerals. Negotiations for a Comprehensive Economic Partnership Agreement (CEPA) are set to conclude this year, aimed at boosting trade further. India's goal is to increase its nuclear capacity to 100 gigawatts by 2030.