Following the death of of the 48th Highlanders first commanding officer Lieutenant-Colonel Davidson in April of 1910, the Regiment purchased a large burial lot in Mount Pleasant Cemetery. Late in the afternoon of Thanksgiving Monday, October 28, 1912, the train bringing 700 troops back to the city from a sham battle that had been held that day near Milton, Ontario, crashed into the “Detroit Flyer,” a passenger train bound for that American city. Though the rate of speed of each train at the time of impact at Streetsville Junction was minimal, one of the cars in which many of the 48th Highlanders were travelling was very old and completely demolished in the collision. Two Highlanders were killed outright and 30 more injured. In tribute to the deceased soldiers, Privates Mac Murdock and John Bannatyne, a special monument was prepared for the Regiment’s lot. This monument, which has subsequently had the Regiment’s Battle honours inscribed on it, was moved in 1969 to a more prominent location on the main road into the cemetery, a few yards east of Mount Pleasant Road.

The Regimental Association holds a Memorial ceremony at the monument on the Saturday before Remembrance Day. The ceremony begins with a forming up on parade at 1030 hours and the ceremony of remembrance at 1100 hours. Attendance, from former Highlanders and the active regiment, is voluntary but is always well attended, followed by informal reunions amongst Highlanders who had served together.