OTTAWA — As India’s trade minister visits Ontario this week, corporate Canada is hoping both countries will commit to signing a trade agreement this year after…
The country is Canada’s top source for immigration, from data specialists and students to temporary foreign workers. India is one of Canada’s top targets for foreign investment, particularly for pension funds and companies such as Brookfield Corp.
The strategy has raised hopes for faster visa processing for relatives of Canadians in India, and that the agriculture sector will increase crop sales to feed India’s booming population. “Do not walk away from this without some kind of an agreement, because I’m not sure anybody would go back to the table any time soon,” he said.
The current talks surround what’s called an Early Progress Trade Agreement, a deal restricted to certain industries instead of the entire economy. In recent years, the Liberals have inked agreements with specific clauses for smaller businesses, those owned by women and minorities and the environment.“That is not to say we should compromise at all in our values on human rights, on calling each other out for areas in which we could do better, to continue our push on climate responsibility.”
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