It was unveiled on September 17, 1922, and constructed in memory of those men and women of the North Bay area who served, fought and died in World War I, 1914-1918.

This memorial was subsequently dedicated to those who served, and died in action, during World War II 1939-1945 and the Korean War 1950-1953.

December 1918 - Idea of War Memorial proposed. Also, Municipal Park and trees dedicated to individuals killed in the war.

March 3, 1919 - Money was raised by public subscription and grants from Council. The plan for the monument and park was submitted by the Agricultural and Parks Committee

August 30, 1920 - Soldiers' Memorial Fund was created. It started with $200 from license fees from the circus and 20% of license fees and fines from the town. The Great War Veterans' Association were to oversee funds. The Secretary Treasurer of the GWVA at the time, Leslie Saunders later became mayor of Toronto

December 15, 1920 - Children in the schools voted on the form of the War Memorial

May 1922 - By-law passed for purchase of park land

June 1922 - Normal School block selected for park

September 17, 1922 - War Memorial dedicated by Henry Cockshutt; later, mayor of Toronto

• Statue of Canadian soldier standing with head bowed, laurel wreath caught in right hand. This was the largest bronze statue ever cast in Canada up to that time.
• Measurements 26' 6" from base to top of monument. Base of monument is 8' 6" x 8' 6" x 3' 2". Statue is also 8' 6" high.
• Designed by C.D. McKenzie, sculptor, of Toronto.
• Contractors were Andrew Craig of North Bay and the McIntosh Granite Co. of Toronto. Construction entirely Canadian.
• Cost was $15,500.

The first Armistice Day service held in the park at the War Memorial was the November 11, 1922 ceremony.

Memorial Park itself was officially named and dedicated at the Armistice Day ceremonies on November 11, 1923.

In the summer of 1923, sidewalks were installed in Memorial Park and trees were donated by Senator Gordon of North Bay to beautify the park.