As the mining industry blossomed in Red Lake, a thriving business and entrepreneurial culture also arose. Hundreds of businesses were created to service the developing mines and later meet the needs of the communities in which they resided. Contracting firms like R. Lunström Contracting Ltd and Paulson Diamond Drilling Co. were created service the direct needs of the mining and exploration projects. Red Lake Lumber Company and Keetch Lumber & Supply Co. provided the wood for many mining, commercial and residential projects in the area. With no roads into the area, transportation companies like Starratt Airways and Transportation and the Northern Transportation Company were created and hired to transport equipment, supplies and mail throughout the Red Lake region. Countless supply and generals stores, insurance agencies, restaurants and hotels opened throughout Red Lake's history in order to provide goods and services to the prospectors, mining companies and residents.

Below you will find some brief profiles of a few of the businesses that were created because of or influence by the mining industry in Red Lake. 

McDougall's Trading Post
Kenneth McDougall moved to Red Lake from McDougall Mills in 1931, to start his own supply business. However, when he arrive in Howey Bay, 

Some of the other early Red Lake business include the Buffalo Bakery, Red Lake Supply, the Sugar Bowl Cafe, Edna's Beauty Parlour, Faulkenham's Restuarant, the Red Lake Inn, the Gold Eagle Hotel, Clarke's Drug store, the Hudson's Bay Company Store and the Cabin Theatre.