India-Canada trade sees double-digit growth amid PM Modi's December visit
Data comes as the two countries had what experts described as one of the “biggest weeks” in bilateral relations.
Merchandise trade between Canada and India has experienced a significant increase, reaching double-digit growth between January and August 2026, according to Statistics Canada data. Canada's exports to India amounted to CA$3.03 billion, a 36.7% increase compared to the same period last year. The metals and minerals sector led this surge, accounting for 41% of the exports.
Imports from India were CA$7.05 billion, up 10.2% year-over-year. This growth comes despite the ongoing negotiations for a Comprehensive Economic Partnership Agreement (CEPA). Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney had a telephone conversation, and Canadian Foreign Affairs Minister Anita Anand visited India, leading a trade mission with nearly 300 representatives.
Sidhu met with Indian Commerce Minister Piyush Goyal to advance CEPA negotiations, which have already seen five rounds of talks, with a target to conclude by December. The visit is seen as a strong boost for the bilateral relationship, with the momentum expected to continue.
Written by urgent.news from Hindustan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.