India and Canada Sign 34 Commercial Agreements Worth Nearly CAD 300 Million; CEPA Targeted for December 2026

19 October 2026National

34 commercial agreements and MoUs worth nearly CAD 300 million (about Rs 1,800 crore) were signed at the Canada-India Business Ceremony during the Team Canada Trade Mission, led by Canada's International Trade Minister Maninder Sidhu. Nearly 300 Canadian delegates visited Mumbai and Bengaluru in Canada's largest trade mission to India in 30 years, spanning aerospace, clean energy, ICT, life sciences, agri-food and AI. Both sides aim to conclude the Comprehensive Economic Partnership Agreement (CEPA) by end-December 2026. The fifth negotiating round was held at Ottawa from 5-9 October 2026, with the next due at New Delhi in early November.

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Canada's capital is Ottawa and its currency is the Canadian dollar; it is a federal parliamentary democracy with King Charles III as head of state | Canada is a member of the G7, NATO, the Commonwealth and the USMCA trade bloc | A CEPA covers goods, services, investment and economic cooperation, going wider than a goods-only FTA

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