India and Canada agree to $1.9 billion uranium deal as Carney meets PM Modi
BILATERAL – INDIA-CANADA
3 MARCH 2026
- India and Canada agreed to a $1.9 billion, 10-year uranium supply deal for Indian nuclear power reactors, and to conclude the Comprehensive Economic Partnership Agreement (CEPA) in 2026, as Prime Minister Narendra Modi held talks with Canadian Prime Minister Mark Carney in New Delhi in an effort to establish “strategic trust” and reset ties ruptured over the past few years.
- However, issues over the killing of Canadian-Khalistani activist Hardeep Singh Nijjar persisted after new reports that Canadian investigative agencies believe two officials in the Indian Consulate in Vancouver were linked to the case, a charge that India rejected.
- After the talks between the Prime Ministers, India and Canada announced a number of agreements including a Strategic Energy Partnership in the fields of renewable energy, LPG and uranium supplies, and cooperation in critical and emerging technologies, as well as MoUs on education and culture.
- They also issued the “Terms of Reference” for the CEPA or free trade negotiations, aiming to double bilateral trade by 2030.
- Canada also decided to join the India-led multilateral International Solar Alliance (ISA) and Global Biofuel Alliance as a member.
- Mr. Carney is the first Canadian Prime Minister to make a bilateral visit to India since his predecessor Justin Trudeau visited India in 2018, and then in 2023 to attend the G-20 summit. Both visits were fraught with tensions, especially over New Delhi’s concerns that the Canadian government is harbouring violent anti-India groups, including Khalistani leaders, and Ottawa’s accusations that Indian government officials are involved in “transnational repression” of these groups.
