Grand Bank, Newfoundland and Labrador, Canada is a small town on the northern shore of the Burin Peninsula, on the island of Newfoundland in the province of Newfoundland and Labrador. The town has a 2001 Census population of 2,841 people. Grand Bank (Grand Banc) was inhabited by French fisherman as early as 1640, and named for the bank on the west side of the harbour. It started as a fishing settlement with seven families. A Census of 1836 lists 45 dwellings and a population of 236 residents. The first Waymaster in 1856 was Jonathan Hickman. A post office was built in 1883 and the first Post Master was George Forsey.