> We are planning to land in Canada in 2 weeks from New York (by
> train) to Niagara Falls ON.
Please share your experience. You are the first person I know
try to land by train.
> Can I apply for SIN card, Bank A/C there in Niagara falls
> though my address will be in Toronto?
AFAIK you can apply for SIN (and the card) in any HRSDC office,
so Niagara Falls should be fine.
Bank is depend on the bank manager you talk to. I believe you
may face some difficulties opening account in the place you
don't live, and without SIN. Keep in mind that in major banks in
Canada your account will be tied to the branch you open it.
There will be some operation you can only do in the particular
branch you open. Yes, Canadian banks is backward compare to US
banks.

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Disclaimer: IANAL, IANALP, IANAMD, IANAMP, IANAAP
my statements - if any - should be treated as such.