Business
Pulse check
In recent months, trade relations between India and Canada have been tripped up by an unlikely nemesis: the humble chickpea. In December, India, which is the biggest market for Canadian pulses, slapped a 40 per cent tariff on lentils and chickpeas. But the relationship might be on the mend as Justin Trudeau’s state visit to India looks to have paid off. In Mumbai on Tuesday both governments announced a two-way investment agreement that is estimated to be worth about CA$1bn (€640m). A broader free-trade agreement between the two governments is making slow progress but this current deal – which Ottawa says will create nearly 6,000 jobs in Canada – is a new chapter in Trudeau’s recent economic courtship of India.