Net CO2 assimilation and water relations of Dryas integrifolia from Devon Island, N. W. T., were studied under controlled-environment conditions. Maximum net CO2 assimilation rate for single leaves was 18.7 mg g−1h−1. The optimum leaf temperature for net CO2 assimilation was between 9 and 14 °C. Positive net CO2 assimilation occurred at −5 °C. Respiration and net CO2 assimilation decreased with the onset of dormancy. Dark respiration was generally equal to or greater than that of other arctic and alpine species. The mean leaf water potential of actively growing plants was −11.4 bars. Values higher than −7 bars were found only infrequently. Turgor pressure was maintained at high values (+6 to +10 bars) over a wide range of water potentials, suggesting osmotic adjustment to soil moisture deficit.