The line primarily served the port towns on Georgian Bay, where it faced increasing competition over the years. A combination of factors, including the Great Depression and the opening of a wider Welland Canal led to decreased use of the ports, and traffic fell. The closure of Collingwood Shipbuilding in 1986 led to the abandonment of the sections in Collingwood and to the west. The line is intact from Barrie all the way to Union Station, with the section between Toronto and Barrie used by GO Transit as the Barrie line. The Muskoka Junction has been combined with the Ontario Northland Railway to form CNR's mainline in the area north of Orillia. Section west of Collingwood now form the Georgian Trail. The Meaford station was dismantled after 1960 and two stations along this section of the line remain: