The economy of Nunavut is driven by the Inuit and Territorial Government, mining, oil, gas, and mineral exploration, arts, crafts, hunting, fishing, whaling, tourism, transportation, housing development, military, research, and education.

What are the main industries in Nunavut?

The main industries in Nunavut include arts & crafts, mining, fishing and hunting and trapping. Nunavut is known worldwide for prints and carvings. Mineral exploration and mining are growing industries, but the high cost of travelling to the territory, as well as bringing materials to Nunavut, are a challenge.

What kind of economy does Nunavut have?

There are several main industries that contribute to the economy of the Nunavut. These include mining, fishing, hunting, trapping, construction, and arts and crafts. Currently, mining is one of the largest private sector industries in the region. Gold, copper, and diamonds are presently the most common natural resources that are being mined.

Who are the largest employers in Nunavut Territory?

The largest employer in the territory is the Government of Nunavut. Many people in Nunavut work for the three different levels of government: municipal, territorial and federal. New jobs are emerging in the mining and mineral exploration sector.

Are there any mines in Nunavut, Canada?

This is a list of mines in Nunavut, Canada. It includes mines that were operating prior to 1999 in what was then Northwest Territories. Start and end dates set in the future are projected, or “expected”. /  73.04444°N 84.53722°W  / 73.04444; -84.53722

What are the natural resources of Iqaluit, Nunavut?

Iqaluit, Nunavut. Iqaluit’s main natural resources are plants and animals. Two main plants found in Iqaluit are eriophorum callitrix (arctic cotton) and rubus chamaemorus (cloudberry). The seed heads of arctic cotton are used as wicks in oil lamps. They are put into babies’ pants to act as a diaper.