This report provides a detailed analysis of India-Canada bilateral relations, examining both historical context and contemporary dynamics. It evaluates the relationship through multiple dimensions: traditional areas of cooperation including trade, education, and people-to-people ties, as well as emerging spheres such as defense, energy, and Indo-Pacific collaboration. The analysis comes at a critical juncture, as both nations navigate significant diplomatic challenges while maintaining resilient economic and cultural connections. Drawing on current data and diplomatic developments through early 2025, the report assesses key opportunities and challenges in the bilateral relationship. It concludes with actionable recommendations for strengthening ties across various sectors. The analysis is particularly relevant for policymakers, business leaders, and stakeholders interested in Indo-Canadian relations, offering insights into how both nations can move forward despite current tensions while capitalizing on their complementary strengths in the Indo-Pacific region.