Frobisher Bay is a large inlet of the Labrador Sea in Baffin Island. Frobisher Bay was discovered by the English navigator Martin Frobisher, in his search for the Northwest Passage in 1576.
Frobisher Bay was also the name of a town on the bay. It used to be the administrative centre of the former District of Franklin of the Northwest Territories.
Its name was changed in 1987 to Iqaluit, meaning "place of fish" in Inuktitut. When the territory of Nunavut was created in 1999, Iqaluit became its capital. See Iqaluit, Nunavut.