Rankin Inlet is an Inuit hamlet on the Kudlulik Peninsula in Nunavut, Canada. It is the largest hamlet and second-largest settlement in Nunavut, after the territorial capital, Iqaluit. On the northwestern Hudson Bay, between Chesterfield Inlet and Arviat, it is the regional centre for the Kivalliq Region. In the 1995 Nunavut capital plebiscite, Iqaluit defeated Rankin Inlet to become territorial capital of Nunavut.