Pond Inlet is a small, predominantly Inuit community in the Qikiqtaaluk Region of Nunavut, Canada, located on northern Baffin Island. To th…Pond Inlet is a small, predominantly Inuit community in the Qikiqtaaluk Region of Nunavut, Canada, located on northern Baffin Island. To the Inuit the name of the place "is and always has been Mittimatalik." The Scottish explorer Sir John Ross had named an arm of the sea that separates Bylot Island from Baffin Island as Pond's Bay, and the hamlet now shares that name. On 29 August 1921, the Hudson's Bay Company opened its trading post near the Inuit camp and named it Pond Inlet, marking the expansion of its trading empire into the High Arctic.