In exchange for the municipal government of Toronto paying for navigation improvements, the Commission deposited six acres (2.4 ha) of sand along the lakeshore, at the foot of Strachan Avenue, to 1,000 feet (300 m) east, between the existing seawall and shoreline, and the city would take possession of the new land for park purposes.

One of the project's objectives was to provide work to unemployed workers on welfare; Toronto was suffering through the Great Depression at the time, with 23 per cent of the population on relief.

[2] The park's construction was hard labour; While steam shovels did the dredging, the soil was moved by wheelbarrow.

[4] The park was completed in time for the planting of trees on May 12, 1937, the day of King George VI's coronation, which was a public holiday in Toronto.

[5] A member of that group, F.E Robson, along with Thomas Hobbs and Andrew Gillespie of the Toronto Ex-Serviceman's Coronation Committee, conceived of planting trees as a memorial.

[7] The idea was approved by Toronto Board of Control and the Coronation Park Advisory Committee supervised details of the plantings.

[15] In 1971, the idea of expanding Exhibition Place, turning the park into a new location for the midway amusements and rides, was floated.

Named the Victory-Peace Monument, it stands at the water's edge, in a small clearing south of the grove of trees.

On a platform at the south are also a set of bronze walls, formed like a ship's prow and bearing artwork depicting Canada's involvement in the Second World War.

[19] It was then rededicated by Dowdeswell, Mayor of Toronto John Tory, and members of the Canadian Armed Forces on November 10, 2018,[20] the 100th anniversary of the end of the First World War.