Bank of Toronto (Yellowknife) Bank of Toronto (Yellowknife) The Bank of Toronto is a historic cabin located in Old Town, Yellowknife, Northwest Territories, Canada. The log cabin was constructed in 1939 by John Stakson an expert log builder in the commercial district of the Yellowknife community for use as a residence. In October 1944, the Bank of Toronto purchased the cabin and opened a new bank for the community, joining the Bank of Commerce (Yellowknife's first bank in 1938). The bank arrived in Yellowknife in response to new financial activity brought about by the intersection of gold in shear zones at Giant Mine and
Yellowknife Yellowknife as having the coldest winter and longest snow cover season of any city in Canada, while also experiencing the sunniest spring and summer of any city in Canada. Yellowknife, like most other urban centres, has distinct commercial, industrial, and residential areas. Frame Lake, Niven Lake, Range Lake, and Old Town are the residential sectors, with some of the population living in high-rises in the downtown core. Niven Lake is the only area under active development and expansion. Downtown Yellowknife is home to most of the city's commercial activity, though some retail does exist in Range Lake. Industrial activity is