Banks Island is one of the Canadian Arctic Islands. It lies in the Inuvik Region in the Northwest Territories to the west of Victoria Island. The Amundsen Gulf separates it on the south from the mainland. On the west is the Beaufort Sea. The McClure Strait on the north is between it and Prince Patrick Island and Melville Island of the Parry Islands. The only permanent settlement of the island, Sachs Harbour , lies on the southwest coast. Two federal migratory bird sanctuaries were founded on the island in 1961. Banks covers an area 70,028 kmē and it is one of the world's largest islands. It has a population of 114 (2001).
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