Canada’s Aboriginal Nunavut Artists Benefit from Strong US Dollar

Turns out the demand for Nunavut art is strong and getting stronger now that the US dollar has gained so much strength against world currencies, including the Canadian dollar. A company like Nunavut Carvings sells more than $1 million in art every year:

Alan Mullin, the purchasing manager at Nunavut Carvings in Iqaluit, says it does more than $1 million in sales each year.

He says the bulk of out-of-territory sales go to galleries in Toronto, Montreal and Vancouver, but lately there’s been a spike in sales to New York, Chicago and Los Angeles.

[…] “After the red plaid jacket and maple syrup, you know, the next souvenir of Canada is a piece of Inuit art or aboriginal art,” Chapman says.

Lower dollar means bigger market in U.S. for Inuit art – North  (CBC News)