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
Legislative Assembly of the Northwest Territories 1967 the Carrothers Commission moved the territorial capital from Ottawa to Yellowknife and for the first time elected members represented all parts of the territories. In 1975 the Legislative Assembly became fully elected, and the first elected speaker since 1905, David Searle, presided over the Assembly. Commissioner John Parker gave up his powers of running the executive council and appointed George Braden as leader of the Government and the first Premier since 1905. The model of responsible government that was used this time around was known as Consensus government. The executive council or cabinet forms government while all the regular