The Magnetic North Pole actually moves around rather a lot. Generally over the last 150 years or so it has been in Canadian territory, but often it is on dry (well...frozen) land.
It isn't exactly on your typical tourist trade routes, but it generally isn't nearly as difficult to reach as the Geographic North Pole. Inuit have traditionally lived on those islands, and some still do today.
Wikipedia credits three sets of Europeans as being the first to lead expiditions with the express purpose of finding the Magnetic North Pole. They are James Clark Ross, Roald Amundsen, and Canadians Paul Serson and Jack Clark.
However, given that the Inuit have lived there for centuries, and folks of Icelandic extraction several hundred years earlier had settlements at nearby Greenland and North America and explored all the nearby islands, it is tough to be too impressed.