Canadians have had it tough the previous few years, and maybe the largest headline continues to be the inflation price. Whereas we’ve definitely come down from that 4.75% we noticed some time again now, it appears that evidently cuts to our inflation price have slowed. As of writing, annual inflation got here right down to 1.7% in July 2025, down from 1.9% in June. That’s the excellent news.

The unhealthy information? Tariffs and ongoing financial uncertainty haven’t introduced the coverage curiosity price again to the place the Financial institution of Canada desires it. As an alternative, Canadians have seen inflation stall at 2.75% after a collection of cuts in 2024. Nonetheless, these figures are nonetheless a methods off from the two% goal, whereas nonetheless throughout the 1% to three% vary. So, throughout these occasions of volatility, the place can Canadians make up the distinction?

Go along with gold

Top-of-the-line choices buyers all over the world proceed to give attention to is gold. At writing, the worth of gold stood at a whopping US$3,565.51 per ounce, an unimaginable 36% rise year-to-date. Not solely is the worth excessive, it has damaged previous data. And that’s peaking the curiosity of mining buyers.

The primary they’re seemingly to have a look at? Barrick (TSX:ABX). Barrick is a world mining firm specializing in gold and copper with Tier One property. The aim for the gold inventory is long-term worth. The corporate, based in 1983, has operations all over the world, from Canada and the USA to Peru and Tanzania. So let’s dig into why buyers may need to contemplate this gold mining behemoth.

Into earnings

First, there’s earnings. Barrick reported strong earnings throughout its second quarter for 2025. The gold inventory highlighted a big improve in manufacturing of each gold and copper, with the previous up 5% and latter up 34%. This contributed to sturdy money movement, supporting its monetary place.

Moreover, the gold inventory reported web earnings per share (EPS) of $0.47. This marked an enormous 124% improve year-over-year, with free money movement (FCF) of $770 million, up 107%. After all, a whole lot of this was attributable to commodity costs, however not all of it. Barrick’s tasks corresponding to Reko Diq and Lumwana additionally progressed effectively, with drilling at Fourmile doubtlessly doubling estimates.

Trying forward

Canadian buyers can’t solely stay up for development now, however much more long run. Barrick’s key operations such because the Nevada Gold Mines and Pueblo Viejo confirmed notable manufacturing will increase. Moreover, even with latest sturdy efficiency, the market nonetheless could not have totally acknowledged the corporate’s worth.

That’s particularly contemplating that the gold inventory just lately declared a quarterly dividend of $0.15 per share, plus $268 million in share buybacks for the quarter. And with Barrick on observe to develop even additional in a secure and sustainable approach, buyers have quite a bit to stay up for.

Backside line

In occasions of hassle, gold is a superb purchase. However of gold shares, Barrick might be the very best. The corporate stands out as a powerful funding alternative, particularly for brand spanking new buyers. Its strong efficiency, undertaking developments, and ongoing returns make it notably enticing. So in the event you’re a Canadian investor seeking to create long-term revenue throughout these durations of excessive curiosity and inflation, Barrick might be your best choice.