India and Canada are close to finalising a 10-year uranium supply agreement worth nearly $3 billion, expected to be signed during a high-level meeting between Mark Carney and Narendra Modi in March. The negotiations gathered momentum during India Energy Week held in Goa.
Canada is currently the world’s second-largest producer of uranium, contributing around 13–15 percent of global supply, while India is the third-largest consumer of energy. The proposed deal supports India’s long-term plan to expand nuclear power capacity to 100 gigawatts by 2047.
This agreement is more than an energy trade deal. It directly supports long-term job creation in India’s nuclear and infrastructure sectors.
With assured uranium supply, nuclear power projects can proceed without delays, enabling consistent hiring across engineering, operations, and compliance roles.
India’s nuclear expansion is expected to generate sustained demand for professionals in:
Nuclear, electrical, and mechanical engineering
Power plant operations and maintenance
Safety, regulatory, and quality assurance
Project management and infrastructure delivery
Energy logistics and supply chain functions
For jobseekers using CareerFinders.co, nuclear energy represents a stable, government-backed career path with multi-decade demand.
Employers in energy, EPC, heavy manufacturing, and utilities should prepare for increased competition for skilled talent.
Long-term fuel security reduces project risk, allowing companies to commit to workforce expansion, training, and recruitment well in advance.
Canadian uranium producer Cameco plays a central role in global uranium supply and holds a 54.547 percent stake in the Cigar Lake mine, one of the world’s highest-grade uranium sources. India’s Department of Atomic Energy has indicated the agreement’s value would be around $3 billion over ten years.
The uranium discussions also reflect a broader reset in Canada–India relations following diplomatic tensions in 2023–24 under former prime minister Justin Trudeau.
Both countries are now focused on expanding bilateral trade, currently valued at $30 billion, with expectations to double by the end of the decade through cooperation in energy, minerals, and infrastructure.
CareerFinders.co covers developments that shape real employment outcomes. This uranium agreement signals long-term hiring demand across India’s nuclear and energy sectors, making it highly relevant for jobseekers, employers, and students planning future careers.
👉 Explore energy and engineering career opportunities at https://careerfinders.co/.
Forbes
Canada Nears $3 Billion Uranium Deal With India
👉 https://www.forbes.com/sites/gauravsharma/2026/02/01/canada-nears-3-billion-uranium-deal-with-india-may-be-inked-in-march/
Reuters
Canada PM Mark Carney Likely to Visit India to Advance Trade and Uranium Talks
👉 https://www.reuters.com/world/carney-likely-visit-india-early-march-canada-trade-pivot-intensifies-envoy-says-2026-01-26/
The Economic Times
India Set to Ink 10-Year Uranium Supply Deal During Canadian PM Visit
👉 https://economictimes.indiatimes.com/news/economy/foreign-trade/india-set-to-ink-10-yr-uranium-supply-deal-during-canadian-pm-mark-carneys-visit/articleshow/127726325.cms
Times of India
Canada Plans to Double $30 Billion Trade With India by 2030
👉 https://timesofindia.indiatimes.com/city/goa/plan-to-double-30bn-trade-with-india-by-2030-canada/articleshow/127724014.cms
World Nuclear Association
India’s Nuclear Power Programme and 100 GW Target
👉 https://world-nuclear.org/information-library/country-profiles/countries-g-n/india.aspx
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