A subglacial lake was proposed to exist beneath Devon Ice Cap in the Canadian Arctic based on the analysis of airborne data. Our study presents a new interpretation of the subglacial material beneath the Devon Ice Cap from surface-based geophysical data. We show that there is no evidence of subglacial water, and the subglacial lake has likely been misidentified. Re-evaluation of the airborne data shows that overestimation of a critical processing parameter has likely occurred in prior studies.