Bank Of Toronto (Yellowknife)
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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 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 Prospector may refer to: Space exploration * Prospector (spacecraft), a planned lunar probe, canceled in 1962 * ''Lunar Prospector'', a NASA spacecraft Trains * Prospector (train), a passenger trai ...
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Yellowknife, Northwest Territories
Yellowknife (; Dogrib: ) is the capital, largest community, and only city in the Northwest Territories, Canada. It is on the northern shore of Great Slave Lake, about south of the Arctic Circle, on the west side of Yellowknife Bay near the outlet of the Yellowknife River. Yellowknife and its surrounding water bodies were named after a local Dene tribe, who were known as the "Copper Indians" or "Yellowknife Indians", today incorporated as the Yellowknives Dene First Nation. They traded tools made from copper deposits near the Arctic Coast. Its population, which is ethnically mixed, was 19,569 per the 2016 Canadian Census. Of the eleven official languages of the Northwest Territories, five are spoken in significant numbers in Yellowknife: Dene Suline, Dogrib, South and North Slavey, English, and French. In the Dogrib language, the city is known as ''Sǫǫ̀mbak’è'' (, "where the money is"). Modern Yellowknives members can be found in the adjoining, primarily Indigenous com ...
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Bank Of Toronto
The Bank of Toronto was a Canadian bank that was founded in 1855 by a group of grain dealers and flour millers. On February 1, 1955, it merged with The Dominion Bank to form the Toronto-Dominion Bank, which is now known as the present-day TD Bank Group. Its first president was James Grant Chewett, whose support was sought by financier Thomas Clarkson. History In July 1856, the Bank of Toronto opened its offices at 78 Church Street, Toronto, with a staff of three and immediately began development of a provincial network of branches. Thomas Clarkson, a major participant in the growing Toronto commerce, served as one of the first directors from 1856 through to 1858, steering the Bank through the depression of 1857. In 1860, it opened its first branch outside of Ontario (then as Canada West), in Montreal, Canada East. The Bank of Toronto established itself as an efficient, profitable, but essentially conservative bank through the 19th century. It maintained a very high reserve against ...
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Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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Canadian Bank Of Commerce
The Canadian Bank of Commerce was a Canadian bank which was founded in 1867, and had hundreds of branches throughout Canada. It merged in 1961 with the Imperial Bank of Canada to form the Canadian Imperial Bank of Commerce. History In 1866 a group of businessmen, including William McMaster, purchased a charter from the defunct Bank of Canada, which had folded in 1858. The Canadian Bank of Commerce was founded the following year, issued stock, and opened its headquarters in Toronto, Ontario. The bank soon opened branches in London, St. Catharines and Barrie. During the following years, the bank opened more branches in Ontario, and took over the business of the local Gore Bank, before expanding across Canada through the acquisition of the Bank of British Columbia in 1901 and the Halifax Banking Company in 1903. By 1907 the Canadian Bank of Commerce had 172 branches. By the beginning of World War II, this had expanded to 379 branches, including a large building by Darling and ...
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Giant Mine
The Giant Mine was a gold mine located on the Ingraham Trail, north of Yellowknife, Northwest Territories. Giant Mine was within the Kam Group, a part of the Yellowknife greenstone belt. Gold was discovered on the property and mineral claims staked in 1935 by Johnny Baker, but the true extent of the gold deposits was not known until 1944, when a massive gold-bearing shear zone was uncovered beneath the drift-filled Baker Creek Valley. History The discovery led to a massive post-war staking boom in Yellowknife. Giant Mine entered production in 1948 and ceased operations in 2004. It produced over of gold. Owners of the mine have included Falconbridge (1948–1986 through subsidiary Giant Yellowknife Mines Limited), Pamour of Australia (1986–1990 through subsidiary Giant Yellowknife Mines Limited), and Royal Oak Mines (1990–1999). When Royal Oak went bankrupt in 1999 the Department of Indian Affairs and Northern Development (DIAND) took over responsibility for cleaning up the ...
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Prospecting
Prospecting is the first stage of the geological analysis (followed by exploration) of a territory. It is the search for minerals, fossils, precious metals, or mineral specimens. It is also known as fossicking. Traditionally prospecting relied on direct observation of mineralization in rock outcrops or in sediments. Modern prospecting also includes the use of geologic, geophysical, and geochemical tools to search for anomalies which can narrow the search area. Once an anomaly has been identified and interpreted to be a potential prospect direct observation can then be focused on this area. In some areas a prospector must also make claims, meaning they must erect posts with the appropriate placards on all four corners of a desired land they wish to prospect and register this claim before they may take samples. In other areas publicly held lands are open to prospecting without staking a mining claim. Historical methods The traditional methods of prospecting involved combi ...
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Buildings And Structures In Yellowknife
A building, or edifice, is an enclosed structure with a roof and walls standing more or less permanently in one place, such as a house or factory (although there's also portable buildings). Buildings come in a variety of sizes, shapes, and functions, and have been adapted throughout history for a wide number of factors, from building materials available, to weather conditions, land prices, ground conditions, specific uses, prestige, and aesthetic reasons. To better understand the term ''building'' compare the list of nonbuilding structures. Buildings serve several societal needs – primarily as shelter from weather, security, living space, privacy, to store belongings, and to comfortably live and work. A building as a shelter represents a physical division of the human habitat (a place of comfort and safety) and the ''outside'' (a place that at times may be harsh and harmful). Ever since the first cave paintings, buildings have also become objects or canvasses of much artistic ...
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Heritage Sites In The Northwest Territories
Heritage may refer to: History and society * A heritage asset is a preexisting thing of value today ** Cultural heritage is created by humans ** Natural heritage is not * Heritage language Biology * Heredity, biological inheritance of physical characteristics * Kinship, the relationship between entities that share a genealogical origin Arts and media Music * ''Heritage'' (Earth, Wind & Fire album), 1990 * ''Heritage'' (Eddie Henderson album), 1976 * ''Heritage'' (Opeth album), 2011, and the title song * Heritage Records (England), a British independent record label * Heritage (song), a 1990 song by Earth, Wind & Fire Other uses in arts and media * ''Heritage'' (1935 film), a 1935 Australian film directed by Charles Chauvel * ''Heritage'' (1984 film), a 1984 Slovenian film directed by Matjaž Klopčič * ''Heritage'' (2019 film), a 2019 Cameroonian film by Yolande Welimoum * ''Heritage'' (novel), a ''Doctor Who'' novel Organizations Political parties * Heritage (Armenia) ...
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Log Cabins In Canada
Log most often refers to: * Trunk (botany), the stem and main wooden axis of a tree, called logs when cut ** Logging, cutting down trees for logs ** Firewood, logs used for fuel ** Lumber or timber, converted from wood logs * Logarithm, in mathematics Log, LOG or LoG may also refer to: Arts, entertainment and media * ''Log'' (magazine), an architectural magazine * ''The Log'', a boating and fishing newspaper published by the Duncan McIntosh Company * Lamb of God (band) or LoG, an American metal band * The Log, an electric guitar by Les Paul * Log, a fictional product in '' The Ren & Stimpy Show'' * The League of Gentlemen or LoG, a British comedy show. Places * Log, Russia, the name of several places * Log, Slovenia, the name of several places Science and mathematics * Logarithm, a mathematical function * Log file, a computer file in which events are recorded * Laplacian of Gaussian or LoG, an algorithm used in digital image processing Other uses * Logbook, or log, a r ...
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Historic Bank Buildings In Canada
History (derived ) is the systematic study and the documentation of the human activity. The time period of event before the invention of writing systems is considered prehistory. "History" is an umbrella term comprising past events as well as the memory, discovery, collection, organization, presentation, and interpretation of these events. Historians seek knowledge of the past using historical sources such as written documents, oral accounts, art and material artifacts, and ecological markers. History is not complete and still has debatable mysteries. History is also an academic discipline which uses narrative to describe, examine, question, and analyze past events, and investigate their patterns of cause and effect. Historians often debate which narrative best explains an event, as well as the significance of different causes and effects. Historians also debate the nature of history as an end in itself, as well as its usefulness to give perspective on the problems of the p ...
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