This paper discusses the application of qualitative scenarios to understand community vulnerability and adaptation responses, based on a case study in the Slave River Delta region of the Northwest Territories, Canada. Three qualitative, graphic scenarios of possible alternative futures were developed, focusing on two main drivers: climate change and resource development. These were used as a focal point for discussions with a cross-section of residents from the community during focus groups, interviews and a community workshop. Significant overlap among the areas of perceived vulnerability is evident among scenarios, particularly in relation to traditional land use. However, each scenario also offers insights about specific challenges facing community members. Climate change was perceived to engender mostly negative livelihood impacts, whereas resource development was expected to trigger a mix of positive and negative impacts, both of which may be more dramatic than in the “climate change only” scenario. The scenarios were also used to identify adaptation options specific to individual drivers of change, as well as more universally applicable options. Identified adaptation options were generally aligned with five sectors—environment and natural resources, economy, community management and development, infrastructure and services, and information and training—which effectively offer a first step towards prioritization of “no regrets” measures. From an empirical perspective, while the scenarios highlighted the need for bottom-up measures, they also elucidated discussion about local agency in adaptation and enabled the examination of multi-dimensional impacts on different community sub-groups. An incongruity emerged between the suite of technically oriented adaptation options and more socially and behaviourally oriented barriers to implementation. Methodologically, the qualitative scenarios were flexible, socially inclusive and consistent with the Indigenous worldview; allowed the incorporation of different knowledge systems; addressed future community vulnerability and adaptation; and led to the identification of socially feasible and bottom-up adaptation outcomes. Despite some caveats regarding resource requirements for participatory scenario development, qualitative scenarios offer a versatile tool to address a range of vulnerability and adaptation issues in the context of other Indigenous communities.