On the campus of University of Toronto, this sculpture sits exactly on the Toronto Meridian, and points towards the Magnetic North Pole. Apparently, this was the official designation of Toronto until 1908, according to the plaque under the sculpture. Magnetic north was almost coincident with true north in 1840, but by 1898 it had drifted westward by 5 degrees. This sculpture commemorates the designation, and shows how long the Univeristy of Toronto has been around.
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