Youngest territory with 41K residents and emerging Indigenous wealth services
Canada's newest territory houses 41,000 residents primarily in Iqaluit, with high average incomes of $74,900 driven by government employment and resource development. Private banking services focus on Indigenous community development, government contractors, and northern resource exploration. Despite remote location, Nunavut offers specialized wealth management for Inuit-owned corporations, impact investing in northern communities, and cross-cultural financial services bridging traditional and modern economic systems.
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