Canada’s Prime Minister Mark Carney embarks on a crucial Asia-Pacific tour, with India as the highlight. Arriving via Mumbai en route to New Delhi this week, Carney will engage Prime Minister Narendra Modi in talks aimed at fortifying Canada-India relations across multiple fronts, including trade, energy, tech, AI, talent, culture, and defense.
Spanning February 26 to March 7, the itinerary also covers Australia and Japan—Canada’s top Indo-Pacific allies. A Monday release from Carney’s office detailed the focus on forging bold new collaborations to elevate bilateral engagement.
Business outreach forms a core component, with Carney scheduled to connect with Indian corporate heads to spotlight Canadian investment prospects and spark cross-border business ventures. India’s meteoric economic rise positions it as a global powerhouse in trade and innovation, evidenced by 2024’s $30.8 billion bilateral trade volume, placing it seventh among Canada’s goods and services partners.
This builds on a November G20 sideline meeting in Johannesburg, where Modi outlined a $50 billion trade goal by 2030. He stressed robust prospects for trade-investment synergy, underscored by Canadian pension funds’ growing stakes in Indian firms—a point he amplified on social media.
Diplomatic tempo is accelerating. Canadian Foreign Minister Anita Anand’s recent Munich Security Conference huddle with S. Jaishankar—the fifth since September 2025—tackled advancing ties in energy, tech, and trade, rooted in decades of diplomacy and interpersonal bonds exceeding 75 years.
Amid global volatility, Carney’s strategy centers on trade diversification, massive investments for workforce and enterprise growth, and strategic overseas alliances to bolster home-front stability and affluence. Expect this visit to catalyze transformative India-Canada partnerships, driving shared prosperity in key sectors.