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The history of the Cold Lake area can be traced back to 1821 when the Hudson's Bay Company established the Beaver Crossing trading post on the shores of the Beaver River. This trading post was part of a network used to transport furs from Lac La Biche to the east, serving an important role in the country's early fur trade industry. However, it was not until 1905 that the first British, Swedish, Norwegian, Swiss and French-speaking homesteaders arrived and settled the area.
CFNCDCommunity Futures North Central Development (CFNCD) is a community economic development corporation that serves the north central region of Manitoba. At present there is a staff of 8 that work in the CFNCD office, located at 3 Station Road, Thompson, MB R8N 1P1. CFNCD receives direction from a volunteer board of directors. For each community in the region, one board member is appointed by local government. There are currently 17 communities including First Nation (7), Northern Affairs (7), and Urban Industrial (3). CFNCD Communities: Town of Churchill Cross Lake Community Council Cross Lake First Nation Fox Lake First Nation Gillam Ilford Community Council Nelson House Community Council Nelson House First Nation Norway House Community Council Norway House Cree Nation Pikwitonei Community Council Split Lake Cree Nation Thicket Portage Community Council City of Thompson Wabowden Community Council War Lake First Nation York Landing First Nation The structure of CFNCD consists of: the Board of Directors, an Executive Committee (Chairperson, Vice-Chairperson, Secretary, and Treasurer), Business Development Committee, Community Development Committee, and other advisory committees as required from time to time