International, Defence and Summits · 26 May 2026

India's Commerce Minister Piyush Goyal visits Canada with 150-member business delegation; Ottawa engagement on May 25 and Toronto programme from May 26-27

Exam-focused facts from the 26 May 2026 current affairs briefing.

Key facts

  • Commerce and Industry Minister Piyush Goyal is leading a delegation of nearly 150 Indian business leaders to Canada, with engagements in Ottawa on May 25 and a two-day programme in Toronto from May 26 to 27, 2026, and is scheduled to meet Canadian Prime Minister Mark Carney and Minister of International Trade Maninder Sidhu.
  • A key focus of the visit is advancing negotiations for the India-Canada Comprehensive Economic Partnership Agreement (CEPA), with the second round concluded on May 8 and a target to conclude by end of 2026.
  • Both sides aim to expand bilateral trade to CAD 70 billion (approximately Rs 4.65 lakh crore) by 2030, from $8.5 billion in FY25.
  • Canada has $100 billion investment in India and 600 Canadian companies operate in the country; the visit also seeks to engage Maple Eight, Canada's largest public pension funds, for potential investments in India.
  • The Indian delegation will engage with Canadian counterparts across priority sectors including technology and artificial intelligence, clean energy and critical minerals, pharmaceuticals and biotechnology, aerospace and defence, and food processing and agri-tech.