Hairy Braya is found on Inuvialuit private lands. The Cape Bathurst peninsula includes the calving ground of the Cape Bathurst barren-ground caribou population. The Tuktoyaktuk Community Conservation Plan recommends the highest degree of protection for this area. The extremely remote location means there is currently little human disturbance on Hairy Braya habitat.
In 2012, the NWT Species at Risk Committee designated Hairy Braya as Threatened in the NWT because of its small range, shrinking habitat and declining population. In 2014, Hairy Braya was listed as Threatened in the NWT under the territorial Species at Risk (NWT) Act. An NWT recovery strategy for hairy braya was developed by the Conference of Management Authorities and is available here. The recovery strategy includes objectives and recommended approaches for the conservation and recovery of hairy braya. The Conference of Management Authorities has also completed a consensus agreement about implementation of the recovery strategy.
In 2013, COSEWIC (Committee on the Status of Endangered Wildlife in Canada) assessed Hairy Braya as Endangered in Canada. Hairy Braya was listed as Endangered under the federal Species at Risk Act in 2018.