When the Canadian Pacific Railway reached the area in 1909, the village's station became the most northernly stop on the company's network.

The moniker Acme (of Greek origin, meaning 'the highest point') was thus applied to the community by CPR surveyors of the day.

[4] The primary industries in the Acme area are agriculture, including livestock and grain farming, and oil and natural gas.

[8] Acme is home to a campground, curling rink, golf course, outdoor pool, outdoor skating rink, beach volleyball pit, soccer field, three ball diamonds, numerous parks, and a senior centre.

[12] Acme has a variety of local clubs and societies, including a Royal Canadian Legion branch, a senior association, an Elks of Canada club, a Masonic Lodge, and a variety of other organizations, including multiple church groups.