Canada aims to diversify energy exports by targeting India market

Canada plans to diversify its energy exports by targeting the rapidly growing Indian market. The move aims to reduce a long-standing reliance on US trade.

Insights:
The Canada Energy Ministry has announced its intent to boost energy exports to India ININas part of a national diversification strategy. This strategic pivot is designed to reduce the reliance of Canada CACAon the United States, which currently receives 98% of its energy exports. During meetings at Indian Energy Week, officials including Tim Hodgson tim hodgsondiscussed how Canadian resources could support the needs of one of the fastest-growing energy markets in the world.
Canada's Minister of Energy and Natural Resources Tim Hodgson speaks during Question Period in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada, November 17, 2025. REUTERS/Blair Gable
Canada's Minister of Energy and Natural Resources Tim Hodgson speaks during Question Period in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada, November 17, 2025. REUTERS/Blair Gable
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