"...I took this photo at Northmart here in Iqaluit yesterday. Strip Loin Steak going for $54.74. Resolution is not the best as I used my cell. 4 pieces in one package. We were craving for steak but that is all they had for steak, so we decided to get ground beef which was way cheaper then this...."
Northmart is owned by The North West Company. Wikipedia says "... The North West Company is a grocery and merchandise store in remote communities across northern Canada, Alaska and four other countries. Through its subsidiary, Cost-U-Less stores, it also operates in the US territories of Guam, the Northern Mariana Islands and American Samoa, and in the Caribbean...."
In it's June 2013 quarterly report (PDF), The North West Company said "...Canadian trading profit increased 5.4% to $24.4 million compared to $23.2 million last year and was 10.1% to sales compared to 9.2% of sales in the first quarter last year driven by gross profit rate improvements and lower expenses..."
@North_West_Co on Twittter
The North West Company on Facebook
The North West Company on YouTube
The North West Company on LinkedIn
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