This memorial, erected by the Department of National Defence, is dedicated to the local war dead and veterans of the First and Second World Wars and the Korean War. The cenotaph was designed by George Lister Thornton Sharp, who also designed the Vancouver Great War Memorial in Memorial Square, on West Hastings Street in 1923.
See http://www.chilliwackmuseum.ca/war-memorial/WarMem.html for more information.