Toobally lakes are the largest two lakes in the southeast corner of Canada's Yukon Territory. These two lakes are known locally as 'Upper" and 'Lower" Toobally. They are connected by the upper Smith river. Both of these lakes are superb lake trout, and northern pike waters. With a depth of 250-feet and many shallow shoals, they offer great fish habitat. The Smith river is a great arctic grayling fishery in its own right.