Final answer:
Nunavut is Canada's newest territory, created in 1999 predominantly for the Inuit people, and it includes about one-fifth of Canada's land area with its capital in Iqaluit.
Step-by-step explanation:
Canada's newest territory, established in 1999 as land for the Inuit, is called Nunavut. Nunavut is a vast territory that makes up about one-fifth of Canada's land area, with an area larger than any other province or territory. The majority of its population of approximately 35,000 are Inuit, making up about 85 percent. It has a rich cultural history and its formation marks a significant moment in recognizing the rights and lands for Indigenous Peoples in Canada. The capital city of Nunavut is Iqaluit, which is located on Baffin Island near the east coast of Canada.