While everyone is watching the Iran-Israel conflict, India and Canada are quietly rebuilding an important economic partnership.

After years of tension, both countries have signed the roadmap for a full trade deal, with the aim of completing it by 2026 and doubling trade to $50 billion by 2030.

But trade is only one part of the story.

The bigger shift is in energy and capital.

Canada’s Cameco will supply India with 22 million pounds of uranium between 2027 and 2035 in a deal worth C$2.6 billion. That strengthens India’s energy security and gives Canada a stronger role in Asia’s energy market.

Both countries also launched a Strategic Energy Partnership focused on critical minerals, clean energy, and future supply chains.

On the finance side, Canadian pension funds have already invested $80–100 billion in India. If tax rules become more favourable, that number could rise even more.

So yes, trade is the headline.

But energy, capital, and supply chains are the real story.

Also, if you want to understand how the Iran-Israel conflict could impact specific Indian stock market sectors, watch my latest reel: https://www.instagram.com/reel/DVYyGjLDU\_b/

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While World Watches War