In a significant development, the Aga Khan announced the creation of an Economic Partnership Platform with Prime Minister Mark Carney during his visit to Ottawa, Canada, on March 25, 2026. This partnership aims to advance joint initiatives in sub-Saharan Africa and the Asia Pacific regions, marking a pivotal moment in Canada-Ismaili relations.
The collaboration is set to facilitate the building of affordable homes for low- and moderate-income households, with the Ismaili Imamat committing to invest in multi-generational not-for-profit housing projects across Canada. This initiative comes as part of a broader commitment by the Government of Canada and the Ismaili Imamat to promote inclusive economic development.
With an estimated 120,000 Ismailis residing in Canada, the partnership underscores a long-standing relationship that has spanned over five decades. The Canada-Ismaili Imamat Joint Steering Committee will oversee the implementation of the partnership’s deliverables, which include collaboration on education, technology, and energy initiatives.
During the announcement, the Aga Khan expressed optimism about expanding cooperation with Canada, stating, “The values and principles that are so inherently Canadian, we share.” He emphasized that this partnership would set the stage for more collaborative efforts to improve global conditions.
Mark Carney described the meeting as a “historic day,” highlighting the formalization of the partnership between FinDev Canada and the Aga Khan Fund for Economic Development. This collaboration is expected to enhance the impact of development initiatives in the targeted regions.
The Aga Khan’s visit to Canada, which runs from March 25 to 31, 2026, includes various community-focused engagements, including the inauguration of a housing project in Toronto. This visit aims to strengthen ties between the Ismaili community and the broader Canadian society.
As the partnership unfolds, it is anticipated that the collaborative efforts will lead to significant advancements in economic development and community welfare. The first reactions from community members have been overwhelmingly positive, with many expressing hope for the future.
Details remain unconfirmed regarding the specific projects that will be initiated under this partnership, but the commitment to inclusive development is clear. The Aga Khan’s leadership continues to inspire many, fostering a spirit of cooperation and mutual support.
