What's it called?

Sign at Balmoral Chemists, Toronto, Ontario

I saw this sign outside a drugstore in Toronto. Where are we? 1950s England? When has a drug store in Canada been called a chemist? A pharmacy perhaps, but not a chemist.

Of course the name, Balmoral Chemist, might have been an indicator of the UK connection that the firm is trying to maintain. (Balmoral being the name of the Queen's estate in Scotland.)

Or perhaps Balmoral is merely a geographic indicator, as the shop is close to the corner of Balmoral and Yonge streets.

But it is the word chemist that is odd. Having grown up in Australia I know what it means, but I wonder how many customers will make the drug store/pharmacy connection with the word chemist?