The Government of Canada joined leaders from the Government of Nunavut and Nunavut Tunngavik Incorporated in Ottawa on January 30, 2026, to announce a $480 million investment to build up to 750 new homes across the territory. While the units will be spread throughout the region, the project is expected to benefit communities like Arviat, which is also home to a key modular housing production facility.
The funding will be used to create a mix of public housing, affordable rentals, and supportive homes for residents requiring additional daily assistance. This investment supports the “Nunavut 3000” mandate, a territorial strategy aiming to add 3,000 new units across Nunavut by 2030. As part of this specific agreement, 25 of the homes will be managed directly by Nunavut Tunngavik Incorporated (NTI).
Construction in the Arctic is uniquely expensive due to remote logistics and high material costs, with each new home in this initiative costing an average of $640,000. The project builds on recent momentum in the territory, which saw 383 homes completed between 2022 and early 2026.
Territorial leaders described the agreement as a vital step toward addressing the territory’s housing crisis, which is widely considered the most severe in Canada. The initiative aims to reduce chronic overcrowding and ensure more residents have access to safe, permanent housing in their home communities.