Nunavut is was established in 1999 as a new territory in Canada. This change was the most historical change to Canada’s provinces and territories since Newfoundland and Labrador joined the Confederation in 1949. Before 1999, Nunavut was a part of the Northwest Territories. Today, it is a large mass of land that offers expansive open spaces, tundra, and many small, remote villages that are only accessible by plane or plane boat. Nunavut is known for its rich indigenous Inuit culture, including handmade clothing, footwear, artwork, cravings, and products famous locally and worldwide.
The territory has a small population of just under 40,000, and the capital, Iqaluit, is the most populous town of Nunavut. The official languages include Inuit languages Inuktitut and Inuinnaqtun and French and English. Nunavut brands include an industry centered around travel and tourism, healthcare, accommodation and food services, retail trade, and government agencies. In recent years, Nunavut has expanded with many small businesses and start-ups, including breweries, art and media, technology, and finance.
Nunavut has the youngest population in Canada, with the longest coastline and two million kilometers. The newest territory of Canada offers many opportunities for new and emerging brands within many remote communities. Through advanced technology and innovative ideas, many artists, content creators, and professionals can offer their products and services throughout the territory across Canada and globally.
Nunavut offers a unique landscape that’s spacious and free of trees, insects, and fantastic scenery. For this reason, many locals offer tours and excursions for visitors to Nunavut, with great opportunities to explore the natural habitats and wildlife, including polar bears, birds, and smaller animals. Nunavut has the highest population of Metis, Inuit, and First Nations peoples in the country, and many of the territory’s businesses and tour operators are indigenous-owned.
The territory offers a unique experience for visitors, which draws a lot of tourism to Nunavut. There is an excellent market for traditional foods available to guests, including whale, seal, arctic char, and caribou. While the territory is known for its significantly cold winter, Nunavut can reach temperatures close to 77 degrees Fahrenheit during the summer, when you’ll experience the famous midnight sun.
While Nunavut offers access to many traditional businesses and companies in the technology, finance, and retail sectors, it’s a unique place where a significant part of the economy is centered around Inuit harvesting traditions and products designed from natural sources for food, clothing, art, and tools.
Make your money do more.
Offers shown here are from third-party advertisers. We are not an agent, representative, or broker of any advertiser, and we don’t endorse or recommend any particular offer. Information is provided by the advertiser and is shown without any representation or warranty from us as to its accuracy or applicability. Each offer is subject to the advertiser’s review, approval, and terms. We receive compensation from companies whose offers are shown here, and that may impact how and where offers appear (and in what order). We don’t include all products or offers out there, but we hope what you see will give you some great options.
Nunavut exports iron ore, gold, traditional artwork, and handmade goods.
The government and public sector are a significant part of the territory’s industry. Other leading sectors in Nunavut include fishing, sealing, tourism, communications, and air travel.
Nunavut offers some great opportunities, though due to the high cost of living and shipments to the territory, there are limitations due to travel challenges within the territory. The advancement of technology offers excellent options to reach more customers and businesses in remote villages.
There are great hotels and restaurants in Iqaluit and other smaller villages in private tour operators and chartered airlines.