Canada Seeks Energy & Critical Minerals Partnership with India Amid Trade Shifts

Canada's Minister of Energy and Natural Resources, Tim Hodgson, emphasized significant opportunities for India and Canada to collaborate, particularly in energy and critical minerals. Speaking at India Energy Week, he advocated for free trade and trusted relationships, making a veiled critique of hegemonic powers using tariffs for coercion. Hodgson stressed the need for both nations to diversify their supply chains, noting Canada's past over-reliance on a single customer. He positioned India, with its rapidly growing energy demand, as a key partner for Canada in sectors like LNG, LPG, uranium, and oil.

Key Points: Canada-India Energy Partnership & Critical Minerals Trade

  • Energy partnership opportunities
  • Critical minerals supply
  • Diversifying trade relationships
  • Veiled critique of US tariffs
  • Focus on multilateral deals
3 min read

India and Canada to work together, says Canada's Energy Minister

Canada's Energy Minister Tim Hodgson highlights opportunities for collaboration with India on energy, critical minerals, and diversifying trade away from tariffs.

"We're going to live in a world where we believe in free trade and trusted relationships - Tim Hodgson"

Panjim, January 27

Canada's Minister of Energy and Natural Resources Tim Hodgson has said there are many opportunities for India and Canada to work together.

"It was a very good meeting, and we have lots of opportunities for India and Canada to work together," he told ANI on the sidelines of the India Energy Week conference.

In his speech earlier, Hodgson said that Canada is a great supplier critical minerals and talked of increased trade opportunities with India.

He also made a veiled reference to the United States imposing tariffs on various countries and said there is need to give a message that "we're going to live in a world where we believe in free trade and trusted relationships" and not where "might makes right and where the strongest put tariffs on everyone else".

"I don't need to tell India what it means when people use their economic integration with your country for coercion. I don't need to tell you what it means when hegemons use tariffs as leverage. We live in a changing world, and energy is at the centre of it," he said.

"I'm here because like you, the way to resist that change is to build multilateral relationships and to double down on diversification of supplies. You just did, with the EU signing the mother of all deals, was a perfect example of saying, no, we're not going to live in a world where might makes right. We're not going to live in a world where the strongest put tariffs on everyone else. We're going to live in a world where we believe in free trade and trusted relationships," he said.

He said Canada used to provide "98 % of its energy to one customer"and there is need to diversify.

"Canada is a great supplier of those critical minerals and will be talking about that and a number of our companies are here at this conference to both help you develop your own critical minerals but where we have ones to share to help you with energy transition, we will be doing that," he said.

"We need to diversify our supply. Canada used to provide 98 % of its energy to one customer. We are committed to diversifying our supply. We see the opportunity to work with India as was said to the fastest growing demand for energy in the world will be in India, whether it's LNG, LPG, uranium, or oil," he added.

- ANI

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Reader Comments

S
Sarah B
Interesting to see Canada wanting to diversify away from the US. The comment about "hegemons using tariffs as leverage" is clearly aimed at Washington. India should be smart and leverage this situation to get good deals on LNG and uranium. Strategic partnerships are key.
P
Priya S
Good move! We need to reduce dependency on any single region for energy. Canada has the resources, we have the market. This can create jobs and stabilize our energy prices. Hope our government negotiates well to benefit the common citizen.
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Vikram M
While the intent is good, we must proceed with caution. Past partnerships with Western nations have sometimes come with hidden conditions. Let's ensure this "trusted relationship" is truly mutual and respects India's strategic autonomy. The focus should be on technology transfer and building our own capabilities, not just being a buyer.
R
Rohit P
Critical minerals are the future. If Canada can help us secure a supply chain for batteries and renewables, it's a win for our green energy goals. This is more important than just oil and gas. Let's build a long-term partnership.
K
Kavya N
The minister's words are encouraging. After some diplomatic tensions last year, it's good to see a focus on practical cooperation like energy and trade. This is how relationships between mature democracies should work – finding common ground on development issues.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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