'where the water falls') is a waterfall on the Peace River in Alberta, Canada.

Vermilion Falls is a series of fan-shaped steps made of limestone and shale that vary from 4.6–7.6 m (15–25 ft) in height depending on the season.

The falls are navigable by small, flat-bottomed boats during high water.

During all other times boaters have to dock below the falls and walk along an 8-kilometre (5.0 mi) trail running parallel to the south bank of the river before joining up with the river above the falls.

'the real rapids') lie 2.75 km (1.71 mi) upstream of the falls.