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In 2018 the first subglacial lake in the Canadian Arctic was proposed to exist beneath the Devon Ice Cap, based on the analysis of airborne radar data. Here, we report a new interpretation of the subglacial material beneath the Devon Ice Cap, supported by data acquired from multiple surface-based geophysical methods in 2022. The geophysical data recorded included 9 km of active-source seismic-reflection profiles, seven transient electromagnetic (TEM) soundings, and 17 magnetotellurics (MT) stations. These surface-based geophysical datasets were collected above the inferred locations of the subglacial lakes and show no evidence for the presence of subglacial water. The acoustic impedance of the subglacial material, estimated from the seismic data, is 9.49 ± 1.92 × 106 kg m−2 s−1, comparable to consolidated or frozen sediment. The resistivity models obtained by inversion of both the TEM and MT measurements show the presence of highly resistive rock layers (1000–100 000 Ω m) directly beneath the ice. Re-evaluation of the airborne reflectivity data shows that the radar attenuation rates were likely overestimated, leading to an overestimation of the basal reflectivity in the original radar studies. Here, we derive new radar attenuation rates using the temperature- and chemistry-dependent Arrhenius equation, and when applied to correct the returned bed power, the bed power does not meet the basal reflectivity threshold expected over subglacial water. Thus, the radar interpretation is now consistent with the seismic and electromagnetic observations of dry or frozen, non-conductive basal material.