Home / Business and Economy / Canada Sees India as Energy Necessity, Not Option
Canada Sees India as Energy Necessity, Not Option
30 Jan
Summary
- Canada views energy partnership with India as a necessity post-relations strain.
- Cooperation spans LNG, LPG, oil, uranium, potash, and critical minerals.
- New west coast infrastructure offers direct, cost-effective energy exports to India.
Canada and India are embarking on a renewed energy partnership, characterized by mutual respect for sovereignty and national security. This recalibrated relationship sees energy cooperation as a central pillar, with Canada viewing it as a strategic imperative rather than merely an option.
Discussions at India Energy Week focused on diversification and energy security. Canada offers clean and conventional energy, aligning with India's position as the world's fastest-growing energy demand driver. Key areas for collaboration include liquefied natural gas (LNG), liquefied petroleum gas (LPG), conventional oil, uranium, potash, and critical minerals.
New infrastructure on Canada's west coast is set to enable direct energy exports to India, reducing transit times and costs by bypassing routes like the Panama Canal. This move benefits India by ensuring cheaper energy supplies.
In nuclear energy, Canada has reiterated its commitment to supplying uranium for peaceful purposes, provided facilities adhere to International Atomic Energy Agency oversight. India aims to significantly expand its nuclear capacity by 2047.
This deepened engagement also serves a broader geopolitical purpose, as both middle powers seek to build economic resilience and national security through diversified, like-minded partnerships amid global supply chain disruptions and tariff coercion. The growing Indian diaspora in Canada further reinforces the strong affinity between the two nations.
