Carleton Place, originally known as Morphy's Falls, was chosen as a mill site by Edmond Morphy in 1819. It is located on the Mississippi River, a tributary of the Ottawa River. It became a village in 1870, and a town in 1890.
Both textile and lumber mills flourished here, but none are still operating. Today, the remaining mill buildings house condominiums and "high-tech" industry.
According to the 2001 Statistics Canada Census:
| North: Mississippi Mills | |||||
| West: Beckwith |
Carleton Place |
East: Beckwith | |||
| South: Beckwith |