Page 2 - Canada

India likely to pursue FDI commitment under proposed CEPA with Canada

New Delhi may pursue an investment commitment under the proposed CEPA with Canada, mirroring recent trade agreements that included long-term foreign direct investment targets

India, Canada officials express optimism over ongoing trade pact talks

Canadian and Indian officials have expressed optimism about ongoing negotiations on a proposed free trade agreement during a business summit in Regina, amid renewed engagement between the two countries after trade talks stalled in 2023, according to media reports. Saskatchewan Premier Scott Moe, Canada's High Commissioner to India Chris Cooter and India's High Commissioner to Canada Dinesh Patnaik, on Friday, participated in the Western Canada-India Leaders Summit in Regina, capital city of the Saskatchewan province, where they discussed bilateral ties and negotiations on the proposed Comprehensive Economic Partnership Agreement (CEPA), and spoke with delegations. According to Canadian broadcaster CBC News, Cooter said negotiations on the agreement were continuing and expressed confidence that a deal could be reached later this year. "The free trade agreement will happen. I have no doubt." CBC also reported that Patnaik said negotiations were ongoing. Moe described the relationship

India, Canada launch trade and investment forum to boost economic ties

India and Canada have launched a trade and investment forum to bring together businesses from both countries to promote commercial engagement, according to a joint statement issued on Friday. The two countries have also agreed to enhance connectivity between India and Canada, including people to people ties, business mobility, and direct commercial linkages, as essential enablers of expanded trade and investment, it said. The statement was issued after the conclusion of a three-day (May 25-27) official visit of Commerce and Industry Minister Piyush Goyal. He has held a series of meetings with business leaders besides holding a bilateral meeting with Canada's Minister of International Trade, Maninder Sidhu. "The Ministers launched the Canada-India Trade and Investment Forum as a key platform that brings together Canadian and Indian business leaders and fosters new commercial partnerships and increased business engagement," it said. They reiterated their commitment to advancing an

Carney calls for new partnership with US ahead of Trump's decision on FTA

Canadian Prime Minister Mark Carney called for a new partnership with the United States on Thursday, just weeks before President Donald Trump decides on whether to renew the free trade agreement between the countries. Carney said in a speech at the Economic Club of New York that there should be a "true partnership" that re-imagines cooperation in specific sectors challenged by global competition. He made the remarks ahead of the mandatory review of United States-Mexico-Canada Agreement, or USMCA, in July. Carney said Canada is diversifying away from the US and signing trade deals with dozens of countries around the world. "Our core objective across these partnerships is to increase our strategic autonomy. Because we live in a world where integration has been weaponised. Because a country that cannot feed, fuel or defend itself is not truly sovereign," Carney said. Trump's actions -- including launching a trade war and suggesting Canada become the 51st US state -- have infuriated .

India seeks deeper Canada investment ties as CEPA talks gather pace

Piyush Goyal pitched India as a long-term investment destination during his Canada visit as both countries accelerate negotiations for the proposed CEPA trade agreement

Goyal woos Canadian investors to partner with India in clean energy, AI

Commerce and Industry Minister Piyush Goyal has held meetings with Canada's leading pension funds, sovereign and institutional investors, and invited stakeholders to partner with India in areas such as clean energy, technology, digital infrastructure, AI, and manufacturing. The minister is in Canada for a three-day official visit. "Delighted to co-chair the 'Canada-India Investment Roundtable' alongside Mr. @MSidhuLiberal, Minister of International Trade of Canada. Held extensive discussions with Canada's leading pension funds, sovereign and institutional investors, members of the Canada-India Business Council and other stakeholders," Goyal said in a social media post. During the meeting, he highlighted India's focus on infrastructure, financial sector reforms and ease of doing business to create opportunities for global investors. Goyal also held a series of bilateral meetings with business representatives to discuss investment opportunities in India and areas of increasing ...

Canada, Germany sign LNG deal as Carney looks to diversify from US

Canada has reached a deal to export liquefied natural gas to Germany from a planned Pacific Coast terminal, an official familiar with the matter said on Tuesday. The official confirmed Canada will sign the agreement with Germany's SEFE group, which stands for Securing Energy for Europe, from the proposed KSI Lisims export facility on the coast of British Columbia. The official spoke on condition of anonymity as they were not authorised to speak ahead of Wednesday's announcement. The official said up to 1 million metric tons (1.1 million US tons) of liquefied natural gas per year will be exported. Prime Minister Mark Carney has set a goal to double non-US trade in a decade. Oil and gas-rich Canada exports almost all of energy oil and gas to the US currently. British Columbia Premier David Eby said earlier on Tuesday a deal to supply Canadian liquefied natural gas to Germany would be a key step toward the partners behind the Ksi Lisims project deciding to go ahead with their USD ...

Canada imposes 21-day self-isolation for travellers from Ebola-hit regions

The Canadian government said on Tuesday that travellers from Ebola-affected regions will be required to self-isolate for 21 days, and that immigration authorities are temporarily suspending decisions on applications from Congo, South Sudan and Uganda. Luc Brisebois, director-general for the Centre for Border and Travel Health at the Public Health Agency of Canada, said the measures are being implemented out of an "abundance of caution" and will stay in place until August 29. Travellers who have symptoms will be transferred to hospital for further medical assessment. The stricter border measures are being implemented starting Saturday, and those who do not have somewhere to isolate will be provided with a place. Canadian officials also said that starting Wednesday, they are pausing final decisions on immigration applications for people from affected countries for 90 days, though that could be extended or lifted based on the evolution of the outbreak. The outbreak is centred around .

Lessons from income surveys by other countries offer a blueprint for India

What India's statisticians will actually borrow from any of this, and how well they will replicate in the Indian context is, however, yet to be seen

India-Canada aim to conclude CEPA by year-end; triple trade by 2030: Goyal

Goyal said that he has arrived in Ottawa with the largest Indian business delegation in the country's history, showcasing India's commitment to the relationship

Goyal to visit Canada next week to boost FTA talks, attract investments

Commerce and Industry Minister Piyush Goyal on Saturday said he will lead a business delegation of over 150 members to Canada on May 25-27 to seek investments, enhance collaborations and give impetus to talks for the proposed free trade agreement (FTA). He said that a series of meetings is in the pipeline with leaders and businesses in Ottawa and Toronto. The minister will call on Canadian Prime Minister Mark Carney and hold a bilateral meeting with his Canadian counterpart Maninder Sidhu. Goyal said that he will also meet representatives of "Maple 8" pension funds of Canada. The "Maple 8" refers to Canada's eight largest public pension funds, which together manage assets worth about 2.4 trillion Canadian dollars and are considered among the world's most influential long-term investors. The group includes major funds like the Canada Pension Plan Investment Board, Ontario Teachers' Pension Plan, and Ontario Municipal Employees Retirement System. These funds invest extensively acros

Goyal on three-day Canada tour from May 25 to speed up Cepa negotiations

The upcoming visit will mark the first minister-level discussions between India and Canada after the signing of the terms of reference for the free trade agreement in March

Dr Reddy's Laboratories launches generic Semaglutide injection in Canada

Dr Reddy's Laboratories on Saturday said it has launched its generic version of Semaglutide injection used in treatment of type 2 diabetes in Canada. The company is among the first firms to introduce a generic Semaglutide injection in the Canadian market, following the Notice of Compliance (NOC) received from Health Canada on April 28, 2026, Dr Reddy's said in a statement. Canada is the first G7 country to grant market authorisation for Semaglutide injection, it added. "The milestone highlights our readiness to serve the Canadian patients, supported by our deep expertise in complex drug and peptide development," Dr Reddy's CEO Erez Israeli said. He further said:"With a well-established presence and strong market access capabilities in Canada, we remain committed to bringing advanced, high-quality, and affordable GLP-1 therapies closer to patients." The Canada launch builds on the momentum of the company's recent launch in India under the brand name Obeda, Israeli said. "As GLP-1

Three Indian-origin men convicted in 2022 couple murder case in Canada

Three Indian-origin persons have been found guilty of first-degree murder by a court in Canada in connection with the killing of a couple in Abbotsford, according to local broadcaster CBC News. Arnold and Joanne De Jong were found dead in their Abbotsford residence in May 2022. Four years later, British Columbia Supreme Court Justice Brenda Brown on Friday ruled that Gurkaran Singh, Abhijeet Singh and Khushveer Toor played a willing and integral role in the couple's murder, the broadcaster reported. The judge agreed with prosecutors that the murders were financially motivated and rejected defence arguments that the deaths resulted from a robbery that went wrong, the report said. Prosecutors told the court the three men had jointly planned to rob and kill the couple, and they stole credit cards, cheques and a power washer from the house. The three men worked together for a cleaning company owned by Abhijeet Singh, which had previously carried out work at the De Jongs' home. The ..

AirAsia signs major deal, orders 150 Canada-made Airbus A220 jets

The deal is potentially worth about $6.8 billion, based on Ishka data that values new A220-300s jets at $45 million apiece

Canada declares Khalistan extremists as 'national security threat'

Canada's intelligence agency has declared Khalistani extremists a "national security threat", adding that the group uses institutions to promote its "violent extremist agenda" in the country. Canadian Security Intelligence Service, in its 2025 Public Report, highlighted that involvement of Canada-based Khalistani extremist (CBKE) in violent activities "continues to pose a national security threat to Canada and to Canadian interests." "Some CBKEs are well connected to Canadian citizens who leverage Canadian institutions to promote their violent extremist agenda and collect funds from unsuspecting community members that are then diverted toward violent activities," the report issued on Canadian Government's website on Friday said. Khalistani extremist groups demand the creation of a sovereign state within India and are designated as terrorist organisations by New Delhi because of their involvement in separatist activities. The report comes a year after the 40th anniversary of the ...

Taiwan's equity market overtakes Canada's to become world's sixth largest

Taiwan surpasses Canada as the sixth-largest equity market, powered by AI-driven chip stocks and the meteoric rise of TSMC

OpenAI chief apologises for failing to alert police before Canada shooting

The head of OpenAI has written a letter apologising that his company didn't alert law enforcement about the online behaviour of a person who shot and killed eight people in Tumbler Ridge, British Columbia. In the letter posted Friday, Sam Altman expressed his deepest condolences to the entire community. "I am deeply story that we did not alert law enforcement to the account that was banned in June," Altman said. "While I know words can never be enough, I believe an apology is necessary to recognise the harm and irreversible loss your community has suffered." The letter, dated Thursday, appeared on B.C. Premier David Eby's social media and also on the local news website Tumbler RidgeLines on Friday. On February 10, police say an 18-year-old alleged shooter, identified as Jesse Van Rootselaar, killed her 39-year-old mother, Jennifer Jacobs, and 11-year-old stepbrother, Emmett Jacobs, in their northern British Columbia home before heading to the nearby Tumbler Ridge Secondary School a

Canada to 30,000 asylum seekers: Respond in 21 days or risk removal

About 30,000 refugee claimants have received letters under Canada's new asylum law, with 21 days to respond or face possible removal

Canadian PM Mark Carney secures majority government in special election

Canadian Prime Minister Mark Carney secured a majority government with a special election outcome Monday night, allowing his Liberals to pass legislation without the support of opposition parties. Voters cast ballots for three vacant seats of the 343 districts represented in Parliament. The public Canadian Broadcasting Corporation projected a Liberal win in a Toronto district. Results for two other districts are expected Monday night. Carney won Canada's election last year fueled by public anger over US President Donald Trump's annexation threats. His Liberal party could stay in power until 2029 after Monday's results. Five defections from opposition parties to Carney, including four from the main opposition Conservative party, put Carney's Liberals on the cusp of the majority. Before Monday's results, the Liberals had 171 members of Parliament in the House of Commons. One of those defectors referenced Carney's speech at the World Economic Forum in Davos, Switzerland, as helping