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The name Kapuskasing comes from the Ojibwe word "kakabaskang", meaning "where there is a little bit of everything". The town was incorporated in 1912. Kapuskasing has been known as the Gateway to Northern Ontario since it became a railway junction in 1904. It is located at kilometre 1094 on the Canadian National Railway transcontinental main line between Toronto and Churchill, Manitoba, and at kilometre 695 on Highway 11 (the Trans-Canada Highway) between Thunder Bay and Nipigon. The town's economy has traditionally been based around resource extraction: logging, mining (copper), hydroelectric power generation (from nearby dams) as well as tourism related to its location near James Bay/North Hudson Bay coastlines of Lake Superior Provincial Park; however forestry remains an important industry for local employment with several sawmills operating within or near Kapuskasing today including Tembec Inc., Norbord Inc., Resolute Forest Products Canada Ltd.