India companies to invest millions into Canada, creating 5,800 jobs: Justin Trudeau

The Prime Minister — who was criticized for looking like he was on a family vacation in India — got down to business today. Justin Trudeau spent the morning meeting with a string of business leaders. Abigail Bimman breaks down what sectors could benefit most from their discussions.

Some of India’s biggest companies say they will invest more than $250 million in Canada in the coming years in everything from pulp mills to pharmaceuticals and the IT sector.

The news came after Prime Minister Justin Trudeau spent his third morning in India meeting with six of this country’s most influential business tycoons, making deals that he says will create more than 5,800 new jobs in Canada.

“This was really a win-win morning, a win-win day for all of us and I’m excited for the opportunities in the Canada-India friendship,” Trudeau said during an armchair conversation with Chanda Kochhar, CEO of the Industrial Credit and Investment Corp. of India, in front of 550 Indian business people. Read more…