The copy I have of that picture only says S/V Lillian, hence the confusion. So it's Terror Bay off King William Island, Canada. Interesting fact, Terror Bay was named for one of the ships from the ill fated Franklin expedition, H.M.S. Terror. The location of the wreck was unknown until 2016 when she was discovered in Terror bay. When the bay was named in 1910 they were completely ignorant of the fact that the bay's namesake was resting at the bottom of the bay.
Your turn, Davie