A diplomatic fight between Canada and India over the murder of a Sikh leader threatens to put a freeze on growing economic ties between the two countries, which are far wider than the flow of goods being shipped across the Pacific.
India is a relatively small buyer of Canadian commodities, but it’s a huge factor in the education sector — it’s by far the largest source of foreign students attending Canada’s colleges and universities. Meanwhile, the biggest Canadian public pension managers have poured tens of billions of dollars into Indian companies and projects, including renewable energy, infrastructure and banks.
