Bank of Toronto (Yellowknife) the resulting staking spree around the region. As the gold rush ended, the volume of business was insufficient to keep the bank profitable, and the Bank of Toronto closed this branch in August 1951. Purchased by prospector Sam Otto in 1964, the old log cabin was renovated and moved to its current location on Latham Island for use as a rental residence. The Bank of Toronto was designated a City of Yellowknife Heritage Site in 1998. Bank of Toronto (Yellowknife) The Bank of Toronto is a historic cabin located in Old Town, Yellowknife, Northwest Territories, Canada. The log cabin was
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