We see trade with India growing two-fold in next 5 years: Ontario minister

In a Q&A, Victor Fedeli says several top Indian companies are continuing to build their presence in the Canadian province despite concerns of tighter global financial conditions

Referring to the current level of $400 million worth of exports from Ontario to India as a “blank canvas”, Victor Fedeli, Minister of Economic Development, Job Creation and Trade, Ontario, told Bhaskar Dutta that the trade could grow by two times over the next five years. Edited excerpts:

Where do things stand regarding an FTA between Canada and India? When is a deal likely to be announced?

That is a Federal Agreement, while we represent the provincial government. We encourage both (Indian and Canadian) governments to continue working aggressively towards a Free Trade Agreement. In Ontario and in Canada, we