What is the Canada India trade deal being discussed now?

It refers to a renewed push for a Comprehensive Economic Partnership Agreement, or CEPA, between Canada and India. The aim is to cut tariffs on goods, improve services access, protect investment, and set basic digital trade rules. Officials suggest starting with a narrow package, then expanding as trust builds.

When is the Mark Carney India visit and why does it matter?

The India stop begins on February 26, 2026. It matters because leaders plan to restart formal CEPA work and sign sector MoUs on defence and technology. Early milestones like a scoping paper or visa pilots would signal real movement that investors can price into exporter revenues and costs.

Which sectors could benefit first if CEPA advances?

Energy and agriculture may see earlier wins through tariff clarity and standards alignment on LNG, canola, pulses, and potash. AI, digital services, and cybersecurity could gain from talent mobility and clearer IP and data rules. Even a small first phase can reduce costs and improve planning for exporters.

What risks could slow a Canada India CEPA timeline?

Sensitive areas include data localization, public procurement, and farm safeguards. Dispute histories can affect trust and sequencing. We should expect phased outcomes with verification steps, not a single big signing. Clear joint statements, scoping notes, and pilot programs will show if talks are staying on track.

Law and Government

February 24: Canada Eyes India CEPA as PM Carney Kicks Off Asia Trip

ByHuzaifa Zahoor February 24, 2026

The Canada India trade deal is back on the agenda as Prime Minister Mark Carney begins an Indo-Pacific trip on February 26, 2026. The tour to India, Australia, and Japan aims to reduce reliance on the United States and reopen a CEPA pathway with India. Officials also point to ongoing US sector tariffs on steel, aluminum, and autos that still affect some Canadian producers. We explain what a CEPA could include, which sectors may gain, and what milestones investors should watch in the weeks ahead.