Business & Economics

Modi & Carney Re-launch India-Canada CEPA Talks After Two-Year Freeze

On 24 Nov 2025, the two Prime Ministers formally reopened negotiations for a ‘high-ambition’ Comprehensive Economic Partnership Agreement (CEPA) that had been suspended since 2023, targeting a near-doubling of trade by 2030.

By Tomás Rydell

Focusing Facts

  1. Negotiators now aim for USD 50 billion (≈C $70 billion) in annual bilateral trade by 2030, up from about C $31 billion in 2024.
  2. The original CEPA process—first launched in 2010, relaunched in 2022—was halted in Sept 2023 after Ottawa accused Indian agents of killing Sikh separatist Hardeep Singh Nijjar in British Columbia.
  3. Johannesburg meeting also unveiled the Australia-Canada-India Technology & Innovation Partnership (ACITI) to cooperate on critical minerals, AI, and nuclear supply chains.

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