Canada's Trade Surplus Hits Four-Year High as Gold and Energy Exports Surge Past New Tariffs
Published . Updated .
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Canada recorded a goods trade surplus of C$5.35 billion (about $3.8 billion) in September, the largest since May 2022, as a 16.8% jump in unwrought…
Directly affected
- No company is named in this report.
Indirectly affected
- XLI Industrial Select Sector SPDR-0.3% 30d
Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.
- XRT SPDR S&P Retail ETF
SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.
- USO United States Oil Fund+6.3% 30d
United States Oil Fund: its price follows crude oil. Linked by “energy exports” (oil) in this story.
- GLD SPDR Gold Shares-4.7% 30d
SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story.
- EWC iShares MSCI Canada ETF+0.9% 30d
iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”).
- CAT Caterpillar-23.2% 30d
Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
- WMT Walmart+12.9% 30d
Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
- DE Deere-2.9% 30d
Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLI | +0.40% | +0.18% | base | after close | after close | after close | after close |
| XRT | -5.03% | -3.40% | base | after close | after close | after close | after close |
| USO | +15.71% | +7.84% | base | after close | after close | after close | after close |
| GLD | -1.03% | -2.91% | base | after close | after close | after close | after close |
| EWC | -0.45% | -1.59% | base | after close | after close | after close | after close |
| CAT | +9.45% | +3.80% | base | after close | after close | after close | after close |
| WMT | -6.18% | -1.18% | base | after close | after close | after close | after close |
| DE | -2.37% | -1.28% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Canada's Trade Surplus Hits Four-Year High as Gold and Energy Exports Surge Past New Tariffs BigGo Finance
Source: BigGo Finance
Price since this story was published: Select Sector Spdr Tr (XLI)
| Company | When | Move | Status |
|---|---|---|---|
| Caterpillar (CAT) | three days earlier | +3.80% | final price |
| Caterpillar (CAT) | five days earlier | +9.45% | final price |
| Deere (DE) | three days earlier | -1.28% | final price |
| Deere (DE) | five days earlier | -2.37% | final price |
| Ishares Msci Canada Etf (EWC) | three days earlier | -1.59% | final price |
| Ishares Msci Canada Etf (EWC) | five days earlier | -0.45% | final price |
| Spdr Gold Trust (GLD) | three days earlier | -2.91% | final price |
| Spdr Gold Trust (GLD) | five days earlier | -1.03% | final price |
| United States Oil Fund (USO) | three days earlier | +7.84% | final price |
| United States Oil Fund (USO) | five days earlier | +15.71% | final price |
| Walmart (WMT) | three days earlier | -1.18% | final price |
| Walmart (WMT) | five days earlier | -6.18% | final price |
| Select Sector Spdr Tr (XLI) | three days earlier | +0.18% | final price |
| Select Sector Spdr Tr (XLI) | five days earlier | +0.40% | final price |
| Spdr Series Trust (XRT) | three days earlier | -3.40% | final price |
| Spdr Series Trust (XRT) | five days earlier | -5.03% | final price |
Congressional trades in the stocks in this story
- Rep. Lisa McClain bought Caterpillar (CAT) (held by a spouse), worth $1,001 - $15,000 on 28 Sep 2026. That is 38 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 34 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Jonathan Jackson sold Walmart (WMT) (jointly held), worth $50,001 - $100,000 on 28 Sep 2026. That is 38 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 41 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Select Sector Spdr Tr (XLI)
Companies tied to this story
- XLI Select Sector Spdr Tr
In “Canada's Trade Surplus Hits Four-Year High as Gold and Energy Exports Surge Past New Tariffs,” Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence. Reason on file: Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
- XRT Spdr Series Trust
In “Canada's Trade Surplus Hits Four-Year High as Gold and Energy Exports Surge Past New Tariffs,” Spdr Series Trust (XRT) is linked, with no stored direction, medium confidence. Reason on file: SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
- USO United States Oil Fund
For “Canada's Trade Surplus Hits Four-Year High as Gold and Energy Exports Surge Past New Tariffs,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “energy exports” (oil) in this story
- GLD Spdr Gold Trust
In “Canada's Trade Surplus Hits Four-Year High as Gold and Energy Exports Surge Past New Tariffs,” Spdr Gold Trust (GLD) is linked, with no stored direction, medium confidence. Reason on file: SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story
- EWC Ishares Msci Canada Etf
Ishares Msci Canada Etf (EWC) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Canada's Trade Surplus Hits Four-Year High as Gold and Energy Exports Surge Past New Tariffs.” Reason on file: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”)
- CAT Caterpillar
In “Canada's Trade Surplus Hits Four-Year High as Gold and Energy Exports Surge Past New Tariffs,” Caterpillar (CAT) is linked, with no stored direction, medium confidence. Reason on file: Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
- DE Deere
For “Canada's Trade Surplus Hits Four-Year High as Gold and Energy Exports Surge Past New Tariffs,” Deere (DE) is linked, with no stored direction, medium confidence. Reason on file: Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
- WMT Walmart
Walmart (WMT) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Canada's Trade Surplus Hits Four-Year High as Gold and Energy Exports Surge Past New Tariffs.” Reason on file: Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
Select Sector Spdr Tr (XLI)
On 5 Nov 2026, “Canada's Trade Surplus Hits Four-Year High as Gold and Energy Exports Surge Past New Tariffs” is the story that connects Select Sector Spdr Tr (XLI) to this story.
The link for Select Sector Spdr Tr (XLI) is this: Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
Spdr Series Trust (XRT) is here too. Its reason reads: SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
Dates and price levels for Select Sector Spdr Tr (XLI)
USO traded between 142.51 and 171.80 across 20 sessions. The latest close on file is 158.17. XLI traded between 163.00 and 172.33 across 20 sessions. The latest close on file is 169.73.
How strong the case is around Select Sector Spdr Tr (XLI)
46 out of 100
“Canada's Trade Surplus Hits Four-Year High as Gold and Energy Exports Surge Past New Tariffs” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.