Better Opportunity for Indian Companies to invest in Canada

The decrease in crude oil prices and reduction in investment into the energy sector in Canada comes as a perfect time for many of the Indian companies to make an investment.

Canada is also keen in welcoming more Indian students interested in seeking higher education as the working population in Canada is nearing their retirement stage and the country needs to enter new force in the job market. So, India can expect cooperation from the Canada in the education sector as well. Moreover, focusing on the hydrocarbon sector, the private and public sector companies in India have huge opportunities as the energy prices are also extremely low in Canada. Looking at all the huge opportunities available to private and public sector companies, it’s the right time for Indian companies to make the investment into the Canadian oil sector. Once our Prime Minister Narendra Modi has said that Canada has agreed for a long term supply of uranium to India inorder to promote the Canada-India ties and so Indian companies should grab the opportunities.

Mr. Modi also said that Canada has the capacity to attract more number of Indian students and are eager to welcome more students and want them to stay back even after the completion of their programs because Canada is one such country with reducing working population. The one with high education and industrial experience are among the largest immigrant in Canada.   

CIF Chief Someshwar said that inorder to attract more Indian students as well as investors the Canadian government has ensured to ease the visa processing. Ultimately, the investors along with the family reside in Canada whereas for Indian students, Canadian government allows them to stay back in Canada for limited period of time to get a job offer and issue a work permit.