NEW DELHI, October 15, 2026 — Canada is aiming to conclude a Comprehensive Economic Partnership Agreement (CEPA) with India by the end of 2026 as Ottawa seeks to diversify trade and strengthen economic links beyond the United States, Reuters reported on October 14.

Canada sets year-end target

Canadian Foreign Minister Anita Anand told Reuters that completing the agreement with India is part of Canada’s broader trade-diversification strategy. Canada is seeking to expand commercial relationships with partners in Asia and Europe while maintaining cooperation with the United States.

The trade push comes during a Canadian trade mission to India involving business and government representatives. The mission is focused on sectors including technology, clean energy, life sciences and agri-food, according to earlier coverage. These discussions are part of ongoing engagement; they do not mean a final trade agreement has already been signed.

Leaders discuss closer ties

Reuters reported on October 13 that Indian Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney had discussed trade and reaffirmed their commitment to concluding CEPA negotiations as soon as possible. Carney’s office said Modi is expected to visit Canada in December 2026.

The proposed agreement could shape market access, investment and cooperation across multiple sectors, but the final outcome will depend on the negotiating process and the terms accepted by both governments.

What to watch

  • Any official announcement on the next round of CEPA negotiations.
  • Whether negotiators publish a timeline or details of unresolved issues.
  • Potential outcomes for technology, energy, life sciences, agri-food and other trade sectors.

Sources

MarketNex News Desk will update this report if the governments announce a formal agreement or a change in the negotiating timeline.