There are more artists per capita in Nunavut than anywhere in the world, and Iqaluit is the primary center for Baffin Island art. During most months, except mid-winter, you will see artists carving caribou antler and soapstone outside their homes. You may be approached in bars and restaurants, and on the street, to buy art, crafts, and clothing (seal-skin mitts are common). The quality is usually high, and the price much cheaper than elsewhere in Canada. Artists will typically give you two prices for their wares, what they feel it's worth and what they will accept if you can't afford it. You can haggle a bit, but probably shouldn't too hard -- you are already getting a good deal. Local galleries carry works from communities around the island; ask at the visitor center for a Discover Nunavut Arts and Culture pamphlet and contact the Nunavut Arts and Crafts Association (tel. 867/979-7808; www.nacaarts.com) for a list of all retail outlets selling Inuit art around Nunavut.
Arctic Ventures (Building 192; tel. 867/979-5992) is mainly a grocery store, but the top level has an impressive selection of Arctic literature. There's also some fun Nunavut-inspired t-shirts -- think wolves, polar bears, and snowmobiles.
Note: This information was accurate when it was published, but can change without notice. Please be sure to confirm all rates and details directly with the companies in question before planning your trip.