India and Canada working on agreement to boost economic ties

India and Canada are jointly working to finalise a bilateral foreign investment agreement to accelerate investments. Jason Kenney, Canada’s minister of national defence and minister for multiculturalism, said the foreign investment protection and promotion agreement will benefit investors from both the countries by providing “greater certainty” for Canadian firms with existing investments in India.

Canada’s Prime Minister Stephen Harper and Ontario Premier Kathleen Wayne in their greeting messages have commended contributions made by India and Canada in economic development of Canada and strengthening bilateral relations.

Facts About Canada

  • Canada is the second largest country in the world, right after Russia.
  • Canada is the World’s Most Educated Country.
  • Canada has the largest coastline in the world.
  • The U.S./Canada Border is the longest international border in the world.
  • Large parts of Canada have less gravity than the rest of Earth.
  • Canada has the third largest oil reserves of any country in the world after Saudi Arabia and Venezuela

Test Your Knowledge

What is the Capital of Canada?

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Answer – Ottawa

What is the Currency of Canada?

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Answer – Canadian Dollar