Canada-India Relations Under Strain as Visa Ban Impacts Tourism, Trade, and Investment
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Around 277,000 Canadians visited India in 2022, making Canada the 5th largest source of foreign tourists. The visa ban impacts this tourism industry.
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Canada-India bilateral trade is around $8 billion, split equally between exports and imports. The visa ban has paused FTA negotiations between the countries.
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Over 320,000 Indian students study in Canada, forming a core aspect of Canada-India ties. Educational links are unlikely to be impacted.
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Canadian firms have invested $3.6 billion in India. Recent investments from Canadian pension funds in Indian startups and companies exceed ₹1 trillion.
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India's visa ban is the latest issue straining ties between the countries, potentially impacting tourism, trade, and investment if relations don't improve.