Investing.com -- Ottawa and New Delhi have formalized a significant energy partnership, marking a major recalibration of bilateral ties. The agreement followed the first high-level participation of Canada at India Energy Week, effectively launching the renewed talks. This diplomatic pivot follows a June 2025 directive from Prime Ministers Mark Carney and Narendra Modi, who met on the sidelines of the G7 Summit in Kananaskis. Canada is hoping to position itself as an energy superpower with a mandate to diversify exports beyond the United States. Related articlesOttawa and New Delhi forge strategic energy allianceFed expected to hold rates steady, focus on Powell’s comments about independenceBank of Canada holds rates amid trade turbulence