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 According to Environment Canada, Yellowknife has the sunniest summer in the country, averaging 1,034 hours from June to August. The lowest temperature ever recorded in Yellowknife was on 31 January 1947, and the highest was on 16 July 1989. Yellowknife averages 2256.5 hours of bright sunshine per year or 43.5% of possible daylight hours, ranging from a low of 15.4% in December to a high of 63.0% in June. Due to its warm summer temperatures, Yellowknife is well below the Arctic tree line in stark contrast to areas further east in Canada on similar parallels. In 2014, Environment Canada ranked