India, March 5 -- Former central banker Mark Carney, the favourite to replace Justin Trudeau as leader of the ruling Liberal Party, has said that if he becomes Prime Minister he will "rebuild" the trading relationship with India.

Responding to questions from the media in Calgary, Alberta, over the tariffs imposed upon Canada by the US, on Tuesday, Carney said, "What Canada will be looking to do is to diversify our trading relationships with like-minded countries and there are opportunities to rebuild the relationship with India."

"There needs to be a shared sense of values around that commercial relationship and if I'm Prime Minister, I look forward to the opportunity to build that," he added.

Carney, who has been Governor of the Bank ...