Constructed in 1990 in memory of those who gave their lives for freedom.

There are few who do not turn their heads to admire the Mississauga Peace Memorial while traveling along Burnhamthorpe Road past Civic Square. The design of the memorial was approved by City Council in May of 1990 after a proposal was made by local veterans' organizations.

Originally, a memorial plaque was considered for the Great Hall inside the Civic Centre but, when construction began for the new Central Library, space was realized for a more publicly visible tribute outdoors. Now, a 27 foot waterfall flows over the inscription, "In Memory of Those Who Gave Their Lives For Freedom."