Mumbai, Feb. 28 -- Saskatchewan Premier Scott Moe, who, along with Canadian Prime Minister Mark Carney, is on a visit to India, is hopeful that Canada and India are close to finalising a uranium supply deal, according to The Globe and Mail.

The deal, potentially worth US$2.8 billion, involves Cameco Corp. supplying uranium to India. Prime Minister Mark Carney, accompanied by Premiers Scott Moe (Saskatchewan) and Susan Holt (New Brunswick), has landed in Mumbai with a singular mission: to aggressively diversify Canada's trade away from an increasingly protectionist United States.

India is keen on accessing Canadian resources, and Canada aims to reduce reliance on the US market. The visit may also address Indian tariffs on Canadian agricu...