The site where this monument was erected is known as Monument Corners. The name Monument Corners came about when the cenotaph was erected in 1920 by the then Township of Lindsay (now The Municipality of Northern Bruce Peninsula). The property was donated to the township by the McLay family in early 1920. The original monument in the centre contains the names of residents of the township who were killed in action during the First World War.
At the end of the Second World War the township erected one monument at each side of the original one. The monument on the left contains the names of Lindsay residents who were killed during that war. On the right side are the names of the First World War Veterans who have died since the end of the First World War. The additions were completed in early 1947.
On August 21, 1947, Reeve Selby Forbes of Lindsay Township invited the general public as well as Bruce Peninsula Legion Branches to attend the unveiling service for these monuments. The fourth monument in the front was added at a later date and contains the names of Lindsay Township residents who have died since the end of the First and Second World Wars.