Gold is tariff-proof. Canada has $11 billion a year of it stuck in permitting
Published . Updated .
We screen Canada's gold development projects for three things.
Directly affected
- No company is named in this report.
Indirectly affected
- XLE Energy Select Sector SPDR
Energy prices move when sanctioned supply is blocked
- USO United States Oil Fund
This fund moves with oil prices
- XOM Exxon Mobil
Oil producers move when sanctioned barrels leave the market
- CVX Chevron
Oil producers move when sanctioned barrels leave the market
- AAPL Apple
Sales and supply chains are exposed to a new tariff
- NKE Nike
Sales and supply chains are exposed to a new tariff
- SLB SLB
Oilfield work in sanctioned regions can be cut off
- GLD SPDR Gold Shares
Gold is a usual haven when a conflict or sanction escalates
- LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
- SPY SPDR S&P 500
The broad market moves when a major sanction lands
Price reaction, T-5 to T+3
We screen Canada's gold development projects for three things.
Source: Mining.com
How far Ishares Msci Canada Etf (EWC) has moved since 18 Sep 2026
Since the first closing price after “Gold is tariff-proof. Canada has $11 billion a year of it stuck in permitting,” Ishares Msci Canada Etf (EWC) is -0.24%. The S&P 500 fund (SPY) is -0.89% over the same days, a +0.65% difference versus the market.
Who gains and who loses around Ishares Msci Canada Etf (EWC)
Companies mentioned with this story
- EWC Ishares Msci Canada Etf
In “Gold is tariff-proof. Canada has $11 billion a year of it stuck in permitting,” Ishares Msci Canada Etf (EWC) is linked, with no stored direction, medium confidence. Reason on file: GA selected EWC as a RELATED security because its canonical security name directly matches this event's themes: canada. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- GOVZ Ishares 25 Year Treasury Strips Bond Etf
For “Gold is tariff-proof. Canada has $11 billion a year of it stuck in permitting,” Ishares 25 Year Treasury Strips Bond Etf (GOVZ) is linked, with no stored direction, medium confidence. Reason on file: GA selected GOVZ as a RELATED security because its canonical security name directly matches this event's themes: year. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BBLB Jpmorgan Betabuilders U.S. Treasury Bond 20 Year Etf
Jpmorgan Betabuilders U.S. Treasury Bond 20 Year Etf (BBLB) is linked, with no stored direction, medium confidence in the 18 Sep 2026 story “Gold is tariff-proof. Canada has $11 billion a year of it stuck in permitting.” Reason on file: GA selected BBLB as a RELATED security because its canonical security name directly matches this event's themes: year. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- FGDL Franklin Templeton Holdings Trust
For “Gold is tariff-proof. Canada has $11 billion a year of it stuck in permitting,” Franklin Templeton Holdings Trust (FGDL) is linked, with no stored direction, medium confidence. Reason on file: GA selected FGDL as a RELATED security because its canonical security name directly matches this event's themes: gold. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- GDE Wisdomtree Efficient Gold Plus Equity Strategy Fund
In “Gold is tariff-proof. Canada has $11 billion a year of it stuck in permitting,” Wisdomtree Efficient Gold Plus Equity Strategy Fund (GDE) is linked, with no stored direction, medium confidence. Reason on file: GA selected GDE as a RELATED security because its canonical security name directly matches this event's themes: gold. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- GOLY Strategy Shares Gold Enhanced Yield Etf
Strategy Shares Gold Enhanced Yield Etf (GOLY) is linked, with no stored direction, medium confidence in the 18 Sep 2026 story “Gold is tariff-proof. Canada has $11 billion a year of it stuck in permitting.” Reason on file: GA selected GOLY as a RELATED security because its canonical security name directly matches this event's themes: gold. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Ishares Msci Canada Etf (EWC)
Ishares Msci Canada Etf (EWC) is the company in “Gold is tariff-proof. Canada has $11 billion a year of it stuck in permitting,” the 18 Sep 2026 this story story.
The link for Ishares Msci Canada Etf (EWC) is this: GA selected EWC as a RELATED security because its canonical security name directly matches this event's themes: canada. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Also listed, Ishares 25 Year Treasury Strips Bond Etf (GOVZ): GA selected GOVZ as a RELATED security because its canonical security name directly matches this event's themes: year. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Price levels for Ishares Msci Canada Etf (EWC)
BBLB traded between 72.46 and 73.55 across 3 sessions. The latest close on file is 73.55. EWC traded between 57.74 and 61.04 across 20 sessions. The latest close on file is 60.28. GOVZ traded between 29.90 and 33.87 across 20 sessions. The latest close on file is 32.20.
What the saved facts support for Ishares Msci Canada Etf (EWC)
46 out of 100
“Gold is tariff-proof. Canada has $11 billion a year of it stuck in permitting” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.