Banks Island (Canada)

Banks Island (Canada), island in the Inuvik Region of the Northwest Territories, Canada, situated in the Arctic Ocean. Banks Island is separated from the mainland by Amundsen Gulf and from Victoria Island by Prince of Wales Strait. The island is 400 km (250 mi) long and has an area of 70,000 sq km (27,000 sq mi). The northern and southern portions are barren, rocky uplands; the western section is a tundra-covered lowland. The small population is mostly Inuit; the chief settlement is Sachs Harbour, in the southwest. Arctic foxes, arctic hare, caribou, lemmings, musk-oxen, seals, wolverines, wolves, and many species of birds inhabit the island. Whales are found offshore. Banks Island, named for the British naturalist Sir Joseph Banks, was sighted in 1820 by the British explorer Sir William Edward Parry.