Prime Minister Mark Carney to Visit India in Early March for Trade Talks

Prime Minister Mark Carney is expected to travel to India in early March as Canada and India work to advance discussions on a Comprehensive Economic Partnership agreement. Ontario’s Minister of Economic Development, Victor Fedeli, announced the planned visit Monday while speaking in New Delhi during an international artificial intelligence summit.

According to Fedeli, the federal government has been consulting provinces, including Ontario, as part of preparations for the proposed trade negotiations. The talks are aimed at strengthening economic ties between the two countries and expanding cooperation in key sectors.

Officials anticipate that discussions during the visit will include uranium supply, energy security, critical minerals and artificial intelligence. A potential 10 year uranium supply agreement is also expected to be part of the broader agenda. Canada is a major global supplier of uranium, and any long term deal could have implications for the country’s resource sector and export markets.

Both countries have set a target of doubling bilateral trade to $50 billion by 2030. For provinces such as Ontario, expanded trade with India could create opportunities in technology, clean energy and advanced manufacturing, sectors that are central to the province’s economic strategy.

Fedeli indicated that Prime Minister Carney is likely to be in India from March 1 to March 2. Further details about the visit are expected to be released by the Prime Minister’s Office.