Cambridge Bay (Inuinnaqtun: Iqaluktuuttiaq Inuktitut: ᐃᖃᓗᒃᑑᑦᑎᐊᖅ; 2016 population 1,766;[3] population centre 1,619[4]) is a hamlet located on Victoria Island in the Kitikmeot Region of Nunavut, Canada. It is named for Prince Adolphus, Duke of Cambridge, while the traditional Inuinnaqtun name for the area is Ikaluktuutiak (old orthography) or Iqaluktuttiaq (new orthography) meaning “good fishing place”.
The traditional language of the area is Inuinnaqtun and is written using the Latin alphabet rather than the syllabics of the Inuktitut writing system. Like Kugluktuk, Bathurst Inlet and Umingmaktok, syllabics are rarely seen and used mainly by the Government of Nunavut.[6][7]
Cambridge Bay is the largest stop for passenger and research vessels traversing the Arctic Ocean‘s Northwest Passage,[8] a disputed area which the Government of Canada claims are Canadian Internal Waters, while other nations state they are either territorial waters or international waters.[9][10]
ref. https://en.wikipedia.org/wiki/Cambridge_Bay
In 1925 the HBC purchased the Maud, which they renamed the Baymaud, from the creditors of Arctic explorer, Roald Amundsen. The ship sailed to the Arctic in 1926 but it became stuck in the winter ice at Cambridge Bay. The ship was later anchored near the shore and used for various purposes including the first ever radio weather reports from the Arctic coast.[33] In 1930 the ship sank and, although some material was removed at the time, the ship is still visible.[33]
Baymaud – look closely to the right of the peninsula 
Arctic Exploration 