In 1904, Mine No. 8 opened at the base of Cascade Mountain, 4
kilometers from Banff. The town of Bankhead formed around the
mine.
Bankhead was a CPR town to the core. It was named by Lord
Strathcona after Bankhead, Banffshire, Scotland and was planned
for 1500 people. The town had all the amenities and had
electricity before Banff or Canmore. It was a popular tourist
destination and visitors coming by train would often disembark
at the Bankhead station and take a wagon to Banff.
However, the Bankhead mine did not last. On June 15, 1922,
the mine closed, leaving its 900 residents to find homes. The
postwar depression combined with a strike and political pressure
to stop industry in the national park forced the CPR to close
the town.
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