When the Shand Dam was completed on the Grand River upstream from Fergus in 1942, the resulting Lake Belwood flooded the Canadian Pacific branch line running between Elora, Fergus, and Cataract. Consequently, the tracks near the hamlet of Belwood were diverted around the lake, and crossed the river on the deck of the Shand dam itself. Cataract rail corridor is a cooperative project of the Credit River and Grand Valley Conservation Foundations. With the rails now removed, this portion of the old rail corridor can provide an important connecting link between the existing Grand Valley Trail and Bruce Trail. Steam railway enthusiasts will be pleased to know that CPR steam engine #1057 has been preserved for future operation at the South Simcoe historical railway in Tottenham.