Watch out for airfares, they’re crazy high, $1200-1600 usually round trip on Canadian North out of Ottawa, but they partner with Aeroplan and with enough advance planning Aeroplan only charges 7500mi + $30 each way, and you can transfer from AMEX Membership Rewards. [1]
[1] https://travelupdate.boardingarea.com/first-air-and-canadian...
Oh - and the art is amazing - and yes, when at the Frobisher, local artists will always be showing their work for you to buy directly, but there are stores as well.
Also - make sure you tour the Legislative Assembly (when open) - https://www.assembly.nu.ca/faq
Come in the Winter if you like snow - come in July/August if you want to get out on the water or like rocky hiking.
Get some coffee at the Black Heart Cafe - https://www.facebook.com/BlackHeartCafe/
There are about 4-5 good restaurants, 2 attached to the current hotels, but I also recommend "Yummy Shawarma" and "Big Racks BBQ".
Something interesting for the HN crowd - a new hotel is going up, built from modular shipping-container sized units - https://www.cbc.ca/news/canada/north/iqaluit-hotel-rooms-bui...
One of the reasons I have a curiosity about learning Inuktitut was its different writing system, so the Inuit officially moving away from it saddens me.