This statue, named after Peter Fidler, a Hudson Bay fur trader and surveyor, commemorates the bicentennial of Elk Point in 1992 and the history of fur trading posts in the region. The wooden chainsaw-carved statue measures 9.8 m (32 ft) tall and is located at the north end of Elk Point on Highway 41. 

As the 19^th century dawned. No other Hudson Bay employee had as much experience in the way of the people of the plains and woodlands as Peter Fidler. He lived his life as a dedicated family man. His Cree wife, Mary was his lifelong companion who traveled with him during his explorations. In 1796  he initiated the building of the first river boats in Alberta, he received a letter from George Sutherland the chief factor at Edmonton House in the fall instructing him to build two boats to send to Edmonton House in the spring. Peter Fidler was an easy going man and traveled his Hudson Bay territory with little antagonism and was respected by all he encountered.