Canada to boost oil and gas exports to India as relations thaw

Two‑way goods trade between Canada and India reached C$13.3 billion in 2024, and Canada is looking to expand energy exports to India, noting India currently accounts for about 1% of its critical minerals exports.

Canada plans to boost oil and gas exports to India as diplomatic relations warm. Two‑way goods trade between the two countries reached C$13.3 billion (US$9.7 billion) in 2024. Ottawa says there is more room to grow, with a particular focus on energy. Officials note India accounts for about one percent of Canada's critical minerals exports, which the government describes as a gap and an area of potential expansion. Canada began exporting LNG to Asia as of June 2025, and its LPG terminals have relatively short shipping routes to India. Key points: - Two‑way goods trade reached C$13.3 billion (US$9.7 billion) in 2024. - Ottawa aims to expand energy exports to India as relations thaw. - India accounts for about 1% of Canada's critical minerals exports. - Canada began exporting LNG to Asia as of June 2025. - Canada's LPG terminals offer relatively short shipping routes to India. Summary: The government is positioning energy shipments, including LNG and LPG, as a central area for deeper Canada–India commercial ties given current trade levels and transport links. Undetermined at this time.