Historically, the main industries in the Municipality of Central Manitoulin were farming, forestry, fishing and various mills. Tourism, dairy and beef farming were included as main economic drivers over the years. The area of Mindemoya served as a service centre for residents in the area and continues to maintain this role.
The Pioneer Park Museum, located in Mindemoya adjacent to the Central Manitoulin Welcome Centre, provides wonderful insight to life on Manitoulin from initial pioneer settlement to the last century.
Numerous beaches, lakes and natural wonders draw many visitors to the area. Since 1884, the Municipality of Central Manitoulin has hosted the Providence Bay Fall Fair during the third weekend of August and attracts more than 5,000 people during the event to enjoy the rides, games, food and other vendors. A visit to Providence Bay is not complete without going to the beach, boardwalk and Harbour Centre.