Good News for Indian Students in Canada: Payments May Get Simpler
What Happened
India and Canada are exploring ways to make cross-border payments and remittances easier for more than 4 lakh Indian students studying in Canada. The issue was discussed during the inaugural India-Canada Economic and Financial Dialogue in Toronto between Finance Ministers Nirmala Sitharaman and François-Philippe Champagne.
Key Takeaways
Both countries agreed to deepen cooperation in digital payments, fintech and financial services, with a focus on making it easier for students and their families to transfer money between India and Canada.