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The most popular of the annual events, Pakallak Time includes a sled race, snowmobile races, igloo building and community celebrations.
Iqalugaarjuup Nanang Historical Park provides a half day of adventure and is a favourite spot for hiking, fishing and bird watching. The archaeological site of Thule near the Ijiraliq River offers a historical perspective. Although water from the Rankin Inlet valve is treated and safe to drink, many locals use the river as a source of fresh water during the spring and summer. Visitors can plunge into stone age culture while visiting this park and take a glimpse at ancient Inuit Arctic traditions.
Marble Island figures prominently in Inuit traditions and received the special designation of area of exclusive possession in the accord which separated Nunavut from the Northwest Territories. An hour of boat trip from Rankin Inlet to Marble Island offers a beautiful contrast with the purple flowers of dwarf fireweed growing amongst the rocks. The tombs of the crew of the Knight Expedition from 1921 are still visible on Dead Man Island. At low tide on clear days, one can clearly see the silhouette of the whaling ship, the Orray Taft, which sank near the island in 1893. Because of its "area of exclusive possession" status, non-Inuit beneficiaries must apply for a tourism license from Kivalliq Inuit Association to access Marble Island.