Canada, India Agree on $2.8 Billion Uranium Deal for Decade

Monday, Nov 24, 2025 11:25 pm ET1min read

Canada is set to finalize a deal to supply India with uranium, valued at $2.8 billion, in a decade-long arrangement. The agreement is part of a wider framework for nuclear cooperation between the two nations. The deal comes after the two countries agreed to restart trade talks for a new deal, aiming to double bilateral trade to $50 billion by 2030. The resumption of discussions marks an improvement in ties between India and Canada, driven by Ottawa's efforts to broaden its trade relationships beyond the US.

Canada, India Agree on $2.8 Billion Uranium Deal for Decade

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