Strategic Fuel Partnership: Canada-India Nuclear Deal

Views: 176 On March 2nd, 2026, Canada and India signed a landmark $2.6 billion uranium supply agreement, marking a pivotal moment in their bilateral relationship and energy cooperation. The deal was formalized during Canadian Prime Minister Mark Carney’s visit to New Delhi, underscoring the strategic intent behind the partnership and signaling a renewed commitment to long-term collaboration in the nuclear energy sector. A Long-Term Energy Commitment Under the agreement, Cameco Corporation, Canada’s leading uranium producer, will supply approximately 22 million pounds of uranium ore concentrate (U₃O₈) to India’s Department of Atomic Energy over a nine-year period. This fuel will power …

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