Goldsmith Channel is a waterway

Waterway

A waterway is any navigable body of water. Waterways can include rivers, lakes, seas, oceans, and canals. In order for a waterway to be navigable, it must meet several criteria:...

 in the Canadian

Canada

Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

 territory of Nunavut

Nunavut

Nunavut is the largest and newest federal territory of Canada; it was separated officially from the Northwest Territories on April 1, 1999, via the Nunavut Act and the Nunavut Land Claims Agreement Act, though the actual boundaries had been established in 1993...

 connecting Parry Channel

Parry Channel

The Parry Channel is a natural waterway through thecentral Canadian Arctic Archipelago in the territory of Nunavut. It runs east to west, connecting Baffin Bay in the east with the Beaufort Sea in the west. The channel separates the Queen Elizabeth Islands to the north from the rest of...

 and M'Clintock Channel

M'Clintock Channel

M'Clintock Channel is located in the territory of Nunavut, Canada. The channel, an arm of the Arctic Ocean, divides Victoria Island from Prince of Wales Island. This channel is named after Sir Francis Leopold McClintock, in Irish explorer in the British Royal Navy, famous for his Canadian Arctic...

. Broadest in the northwest, the island-filled channel narrows as it progresses to the southeast where it separates northeastern Victoria Island's Storkerson Peninsula from western Stefansson Island

Stefansson Island

Stefansson Island is an uninhabited island in the Canadian Arctic Archipelago in the Kitikmeot Region of Nunavut, Canada. It has an area of , making it the 128th largest island in the world, and Canada's 27th largest island. The island is located in Viscount Melville Sound, with M'Clintock Channel...

 by a few hundred meters of shallow water. This is an uninhabited, extremely remote area. Elvira Island is located at the head of the channel.