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
Provinces and territories of Canada territories are not sovereign, but instead their authorities and responsibilities come directly from the federal level, and as a result have a commissioner instead of a lieutenant governor. Notes: There are three territories in Canada. Unlike the provinces, the territories of Canada have no inherent sovereignty and have only those powers delegated to them by the federal government. They include all of mainland Canada north of latitude 60° north and west of Hudson Bay, as well as most islands north of the Canadian mainland (from those in James Bay to the Canadian Arctic islands). The following table lists the territories