Ties between India and Canada are improving. And, the country including the Eastern Region is being increasingly explored as favourable business destination, Stewart Beck, High Commissioner of Canada to India told a group of industry captains at a CII-organised interactive session here in the city.

Canada, he said, has already set its focus on four key areas that include food security, energy security, education and infrastructure; and, is working overtime to boost its trade and investment with the country.

“In my view, Canada can bring efficiency and effectiveness in food processing industry and agricultural logistics, help in clean technologies and waste water management,” Beck was quoted according to a release issued by the Confederation of Indian Industry (CII).

According to the High Commissioner, bilateral trade (between the two countries) are expected to grow by around 12 per cent. In 2013, bilateral trade stood at $ 5.5 billion.

Apart from investment in specific sectors, Canada could “contribute significantly” in the fields of innovation and entrepreneurship, the CII said in its release. This would help in creating new jobs in India.

“Creating opportunities and jobs for young Indians is a challenge. And we Canadians are great innovators. We have solid innovation ecosystem too. Canada can be a partner in India’s pursuit in innovation and creating new jobs,” he was quoted in the release.

(This article was published on April 8, 2014)
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