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Thunder Bay, Ontario

Thunder Bay (2006 census population 109,140), formerly the twin cities of Fort William and Port Arthur, is a city in and the seat of Thunder Bay District, Ontario, Canada. It is the most populous municipality in Northwestern Ontario and the second most populous in Northern Ontario after Sudbury. The census metropolitan area of Thunder Bay has a population of 122,907, and consists of the city of Thunder Bay, the municipalities of Oliver Paipoonge and Neebing, the townships of Shuniah, Conmee, O’Connor and Gillies and the Fort William First Nation.

European settlement in the region began in the 1600s with a French fur trading outpost on the banks of the famous Kaministiquia River. The city was formed in 1970 by the merger of the cities of Fort William, Port Arthur and the geographic townships of Neebing and McIntyre. Its port forms a link in the shipping of grain and other products from Western Canada through the Great Lakes and the St. Lawrence Seaway to the east coast. Forestry and manufacturing played important roles in the city’s economy. They have declined in recent years, but have been replaced by a “knowledge economy” based on medical research and education. Thunder Bay is the site of the Thunder Bay Regional Research Institute.
The city takes its name from the immense bay at the head of Lake Superior, known on 18th-century French maps as Baie du Tonnerre (Bay of Thunder). The city is often referred to as the “Lakehead” or “Canadian Lakehead” because of its location at the end of Great Lakes navigation.

Thunder Bay is a remarkable place to live in Northern Ontario. serves this area with regards to obtaining a home mortgage and obtaining home financing. We have several lenders that offer competitive mortgage rates and various mortgage products for residents in Thunder Bay. So if you are looking for a home mortgage in Thunder Bay, Ontario, with a great rate, we are your choice. Think for your Thunder Bay mortgage.

Posted by Kevin Somnauth, CFA, for your Sudbury Mortgage.

8 Responses to “Thunder Bay, Ontario”

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