Strengthening Canada-India Trade and Investment: Key Outcomes from the 2026 Forum

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Dated: 29.05.2026

Strengthening Canada-India Trade and Investment: Key Outcomes from the 2026 Forum

The Canada-India Trade and Investment Forum, held in 2026, marked a significant milestone in the ongoing efforts to deepen economic cooperation between the two countries. This article explores the highlights, commitments, and future directions established during this pivotal event.

Overview of the Forum

The Forum brought together high-level government officials, including Minister Sidhu from Canada and Minister Goyal from India, alongside the largest Indian business delegation ever sent abroad. The event served as a platform to foster new commercial partnerships and enhance business engagement across both nations.

Major Commitments and Initiatives

Reaffirmed Commitment to Bilateral Growth
- Both ministers emphasized their dedication to strengthening trade and investment ties, aiming for tangible outcomes that support economic growth and create new opportunities for businesses in Canada and India.
Focus on Complementary Sectors
- The Forum highlighted opportunities for collaboration in:
  - Clean energy
  - Critical minerals
  - Agri-food
  - Advanced manufacturing
  - Digital technologies
  - Skills development
- These sectors were identified as areas where both countries have complementary strengths and mutual interests.
Advancing the Comprehensive Economic Partnership Agreement (CEPA)
- The ministers reiterated their commitment to negotiating an ambitious and mutually beneficial CEPA, with the goal of concluding talks by the end of the year.
- CEPA is seen as crucial for expanding market access, supporting resilient supply chains, and enabling two-way economic growth.
Launch of the Trade and Investment Forum
- The Forum itself was established as a key platform to bring together business leaders from both countries, fostering increased engagement and new commercial partnerships.
Enhancing Connectivity and Mobility
- Emphasis was placed on improving connectivity, including people-to-people ties, business mobility, and direct commercial linkages, all of which are essential for expanding trade and investment.
Team Canada Trade Mission to India
- Canada announced a major trade mission to India later in the year, reflecting strong interest from Canadian businesses in the Indian market and a shared ambition to deepen commercial partnerships.
Encouraging Long-Term, High-Quality Investment
- Both countries agreed to promote long-term investments in priority sectors and support deeper collaboration between businesses, innovators, and institutional partners.
Commitment to Ongoing Dialogue
- The ministers committed to maintaining regular dialogue and advancing concrete outcomes in the coming months, ensuring momentum is sustained.

Looking Ahead

The 2026 Canada-India Trade and Investment Forum has set the stage for a new era of economic cooperation. With clear commitments, sectoral focus, and mechanisms for ongoing engagement, both countries are poised to unlock new opportunities for businesses and drive shared prosperity.

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Source: Ministry of Commerce & Industry

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