The community is situated on the historic Red Coat Trail in the southwest corner of the province, 13 km west of the town of Shaunavon and 21 km east of the town of Eastend.

By 1908 enough French speaking settlers had arrived in the region to establish a community which they named Valroy (Val Roy).

The name Dollard was chosen by Father Louis-Pierre Gravel (the founder of Gravelbourg) to honour the memory of a hero of New France, Adam Dollard, Sieur des Ormeaux.

[2][3] A post office was established in 1909 and in 1911 the church of Sainte-Jeanne d'Arc (Joan of Arc) was built.

[4] The character Wanda Dollard from the Canadian comedy television series Corner Gas is named for this town.