Good morning. After U.S. President Donald Trump made his trademark early exit from the G7 summit on Monday, the cast of characters filled out its ranks with some new arrivals, including Indian Prime Minister Narendra Modi.

If you squint a bit, you can see the symbolism here — Trump literally turning his back on allies, forcing Canada to shore up economic ties with non-U.S. countries, even those that represent foreign interference threats. More on that below, plus other G7 news. But first, some non-G7 headlines:

Data: 23andMe did not protect customers’ data, Canadian and British watchdogs find

Investment: Canada has a chance to attract new capital amid U.S. market turmoil, the head of Canada’s largest pension fund manager says

Banking: A former top U.S. consumer finance regulator said TD Bank could have lost its licence to operate in the U.S. after it pled guilty to committing money laundering last year

Fraud: David Rosenberg says ‘pump and dump’ scam using his name bilked victims out of hundreds of thousands

• Today: Tiff Macklem, Governor of the Bank of Canada, will speak before the St. John’s Board of Trade.
• Tomorrow: U.S. markets will be closed for Juneteenth.
• Notable earnings include Aurora Cannabis Inc.

For the second time, Trump has bailed early from a G7 summit on Canadian soil. He stormed out of the 2018 meeting in Charlevoix, Que., over a disagreement over tariffs, calling former prime minister Justin Trudeau “dishonest and weak” on Twitter on his way out.

This time, the public drama was kept to a minimum as Trump left a day early to deal with the escalating conflict between Israel and Iran. But there would be no breakthrough on trade with Canada, just a vague commitment to continue negotiating with the aim of striking an economic and security deal within 30 days.

Enter Modi. During his first trip to Canada in a decade, the Indian PM and Canadian Prime Minister Carney agreed to designate new high commissioners and restore regular diplomatic services to citizens in both countries.

Canada and India had a serious falling out in 2023 over the killing of Canadian Hardeep Singh Nijjar, which Trudeau accused the Indian government of being involved with.

So, some were outraged when Carney invited his Indian counterpart to the G7. In Calgary, Sikh organizations and human-rights activists have been leading protests.

Others say it’s time for Canada to reset its relations with India, which is the world’s fifth largest economy and is, in Carney’s words, “at the very centre of global supply chains.”

Earlier this month, former prime minister Stephen Harper said Canada needs “enlightened partners” such as India to thrive in a world where the rules-based trade order is being replaced by “something much more akin to survival of the fittest and the triumph of the strongest.”

For starters, Canada should resume the trade negotiations with India that were put on hold two years ago, Jeff Mahon of consulting firm StrategyCorp, and a former deputy director at Global Affairs Canada’s China Division, writes in The Globe.

“For too long, foreign policy was treated as fodder for domestic politics,” he said. Canada “politicized foreign policy and sacrificed the national interest for short-term domestic political points.”

Same goes for Canada’s relationship with China.

Though China has no seat at the G7 table, it too has a frayed trade relationship with Canada that ought to be seen through a different lens, Mahon said.

Everyone seems to agree that Canada needs to forge stronger overseas ties to reorient the national economy. But the real growth isn’t going to originate in Europe, Mahon said. Instead, Canada’s fortunes lie with China and India.

“Nuanced vision is needed because the world is complicated.”

Just how complicated it is was reinforced by a new warning from Canada’s spy agency. In its annual report to Parliament, the Canadian Security Intelligence Service identified India as one of the main perpetrators of foreign interference, The Globe’s Ottawa Bureau Chief Robert Fife writes.

“Canada must remain vigilant about continued foreign interference conducted by the government of India, not only within ethnic, religious and cultural communities, but also in Canada’s political system,” CSIS said.

More G7 reading

• Short deadline for Canada-U.S. talks helps to ‘concentrate the mind,’ Carney says
• G7 agrees on narrow set of issues as trade tensions overshadow summit
• Carney announced $4.3-billion in new