Backgrounder: Canada-India nuclear cooperation agreement

This agreement will allow Canadian firms to export and import controlled nuclear materials, equipment and technology to and from India, while ensuring that Canadian supplied goods and technology are used for peaceful, civilian purposes. 

It will allow Canadian companies to offer a full array of equipment, services and uranium supply to the Indian civilian nuclear market. 

Over the next 20 years, India’s civilian nuclear energy market is expected to be worth anywhere from $25 billion to $50 billion. 

India and Canada are natural partners in the joint promotion and development of heavy water technology reactors.  There are a number of opportunities to work together as strategic partners in global markets.  Canada is a supplier of both nuclear technology and uranium fuel that can help India to meet its growing energy needs.

Market opportunities for Canada would exist in all key sub-sectors and exports could range from engineering services, design and construction of plants and subsystems, balance of plants, uranium supply, mining, to safety assessments and licensing.

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