India, Canada urged to develop economic linkage

June 16th, 2009 Province has tentative deal in Canada oil projectST. JOHN's, Newfoundland — The leader of Canada's east coast province of Newfoundland has announced a tentative agreement to develop an offshore project estimated to contain 223 million barrels of oil.

June 9th, 2009 TORONTO - Canada and India have said they are on track to ink a nuclear deal soon, but have not committed themselves to any date.. Though the two countries have exchanged the drafts, no date for signing the deal could be specified, Canadian International Trade Minister Stockwell Day said here at the weekend gala of the Indo-Canada Chamber of Commerce (ICCC).

June 9th, 2009 TORONTO - Without specifying any date for its signing, both Canada and India have said that they are on track to ink a nuclear deal soon. Though the two countries have exchanged the drafts, no date for signing the deal could be specified, Canadian International Trade Minister Stockwell Day said here at the weekend gala of the Indo-Canada Chamber of Commerce (ICCC).

May 18th, 2009 WASHINGTON - Former Pakistan president Pervez Musharraf has said Islamabad was keeping its forces on the border with India because of a threat perception and not because it was less focused on the threat from Taliban extremists. 'Well, we have to be balanced in our approach.

April 19th, 2009 TORONTO - India is seeking increased nuclear cooperation with Canada to meet its growing energy demands, Planning Commission Deputy Chairman Montek Singh Ahluwalia said here. Speaking Saturday at the second annual dinner of the Canada-India Foundation (CIF), Ahluwalia said India's rising demand for energy offered huge business opportunities for Canadian nuclear energy companies.

April 4th, 2009 TORONTO - China and Brazil have left India way behind in promoting trade ties with Canada as the world's ninth largest economy tries to reduce its economic dependence on the US. Though Canada and the US are the two biggest trading partners in the world with their annual bilateral trade of nearly $700 billion, Canada has started diversifying into other markets as figures released Friday by Statistics Canada revealed.

March 4th, 2009 TORONTO - India has sought Canadian mining knowhow to exploit its mineral resources. Speaking at the end of the global mining meet by the Prospectors and Developers Association of Canada (PDAC) here Tuesday, India's Deputy High Commissioner Narinder Chauhan urged Canada to take advantage of opening of India's mining sector.

March 4th, 2009 TORONTO - India has sought investment and expertise from Canada, a global leader in mining, and asked its firms to exploit rich resources in states like Orissa and Chhattisgarh, saying the sector was poised for big growth. Speaking at the end of the global mining meet by the Prospectors and Developers Association of Canada (PDAC) here Tuesday, India's Deputy High Commissioner Narinder Chauhan urged Canada to take advantage of opening of India's mining sector.

February 21st, 2009 TORONTO - Canada will admit more foreign students but fewer foreign workers this year, Immigration Minister Jason Kenney said here Friday. Kenney, who was in India last month, dropped hints that there will be substantial increase in the number of students from India.

February 17th, 2009 NEW DELHI - Faced with the global economic slowdown, Canada is seeking Indian investments, touting its newly-liberalised rules. It has also called on the Indian government to start talks on a comprehensive trade agreement.

January 23rd, 2009 TORONTO - The Canadian nuclear industry has welcomed the signing of a memorandum of understanding (MoU) with India to resume nuclear trade between the two countries after three decades, saying it could result in deals worth billions of dollars. The MoU was signed by the Atomic Energy of Canada Limited (AECL) and India's Larson & Toubro earlier this week during the visit of Canadian international trade minister Stockwell Day to India.

January 21st, 2009 NEW DELHI - Soon after signing a pact with the US-based Westinghouse Electric to build nuclear reactors recently, engineering and construction major Larsen and Toubro (L&T) has signed a similar agreement with Atomic Energy of Canada Ltd (AECL), the company announced Thursday. The new agreement, however, is subject to final approval of a bilateral nuclear cooperation agreement between the governments of India and Canada.

January 16th, 2009 CHANDIGARH - Despite the presence of more Indian origin members in the Canadian parliament compared to the Chinese, the Indians hold less clout, feels Punjab-born MP Ujjal Dosanjh. 'Yes, India may have more representation in the house but still the Chinese have bigger clout than Indians in Canadian politics.

January 12th, 2009 TORONTO - Canada should reduce wait times for business visas from countries like India, China and Russia to boost trade with emerging economies, said a business report here Monday. In fact, imposition of visa requirements for foreign business people and delays in issuing them are hurting Canadian business prospects very badly, said the report by the independent think-tank Conference Board of Canada.

January 7th, 2009 TORONTO - The global economic crisis is an opportunity for India and Canada to deepen their economic ties, says the Indian consul general here. Speaking at a reception by the famous Canadian law firm of Blake, Cassels and Graydon here Wednesday, consul general Preeti Saran said the low two-way trade left a lot to be desired.