Moneycontrol PRO
Swing Trading 101
Swing Trading 101

Canadian PM Mark Carney to visit India on February 26, defence pact, trade deal in focus

The focus during his visit will be on businesses across trade, energy, technology, and defence, the Canadian government statement read.

February 23, 2026 / 20:05 IST
Mark Carney
Snapshot AI
  • Canadian PM Mark Carney to visit India from February 26
  • Focus on trade, energy, technology, AI, and defence partnerships
  • Carney to meet PM Modi and business leaders in Mumbai, Delhi

Canadian Prime Minister Mark Carney will travel to India on February 26. The visit is part of his three-nation tour from February 26 to March 7, an official statement from his office said on Monday.

The focus during his visit will be on businesses across trade, energy, technology, and defence, the Canadian government statement read.

"Prime Minister Carney will first visit Mumbai, then New Delhi, India, where he will meet with Prime Minister Narendra Modi. The leaders will focus on elevating and expanding the Canada-India relationship, with ambitious new partnerships in trade, energy, technology and artificial intelligence (AI), talent and culture, and defence. He will meet with business leaders to identify investment opportunities in Canada and create new partnerships between businesses in both nations," the statement read.

This will be Carney's first visit to India after he assumed office after Justin Trudeau.

"In a more divided and uncertain world, Canada's new government is focused on what we can control. We are building a stronger, more independent, and more resilient economy. We are building our strength at home, diversifying our trade abroad, and attracting massive new international investment. To these ends, the Prime Minister, Mark Carney, announced that he will travel to India, Australia, and Japan, from February 26 to March 7, 2026, to unlock new opportunities for Canadian workers and businesses across trade, energy, technology, and defence," Carney's office said in a statement.

Through these visits to three of Canada's strongest Indo-Pacific partners, Carney will deepen regional ties that are critical to our security and prosperity.

India was Canada's seventh largest goods and services trading partner in 2024, wherein the two way trade between the two countries was nearly $31 billion, as per the Canadian government.

During the 2025 G20 Leader's Summit, New Delhi and Ottawa agreed to formally launch negotiations for an ambitious Comprehensive Economic Partnership Agreement (CEPA), which aims to double the two-way trade between the two nations to $70 billion by 2030.

Carney will then travel to Sydney and Canberra, Australia, to meet with Prime Minister Anthony Albanese and deepen cooperation on defence and maritime security, critical minerals, trade, and advanced technologies, including AI. He will deliver an address to both Houses of Australia's Parliament and invited dignitaries - marking the first such address by a Canadian Prime Minister in nearly 20 years. Prime Minister Carney will also meet with business leaders and investors to attract new capital into Canada and support two-way trade and investment with Australia.

In Tokyo, Japan, Carney will meet with Prime Minister Takaichi Sanae to strengthen mutual investment and partnerships in clean energy, advanced manufacturing, critical minerals, and food security. The leaders will also discuss strengthening joint efforts on security and defence, including to support a free and open Indo-Pacific, the statement said.

(With agency inputs)

Moneycontrol News
first published: Feb 23, 2026 08:04 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347