Canada and India Strengthen Energy Cooperation Amid Trade Expansion Efforts
Canada aims to diversify energy exports to India, establishing a framework for a 10-year uranium purchase worth $2.6 billion. The emerging energy partnership is set to enhance bilateral trade and investment, with potential growth in sectors like liquefied natural gas (LNG) and critical minerals.

Canada is intensifying energy cooperation with India, highlighted by a 10-year agreement for uranium purchases totaling $2.6 billion. The Canadian High Commissioner, Christopher Cooter, noted that Canada is establishing infrastructure to support energy exports to India, previously focused on the U.S. market.
Canada ranks as the second-largest hydroelectric producer and fourth-largest crude oil producer globally. Discussions around increasing liquefied petroleum gas (LPG) exports are ongoing, with production ramp-up expected to commence in 2027.
Additionally, Cooter emphasized the goal of diversifying crude oil exports and enhancing trade relations, which currently see only $5 billion in goods exported to India. Canadian pension funds have invested around $110 billion in India, and Canada is also planning to supply critical minerals and lumber. The presence of 400,000 Indian students in Canada further strengthens the bilateral ties.


Comments