[10] In 1912, the Canadian Pacific Railway (CP) built its Waldo subdivision southward from Caithness,[11] crossing the GN track just south of the station.

[13] Job opportunities at the Adolph Lumber Company, which established a sawmill site along the eastern shore around 1907, drew many settlers to the locality.

The meeting hall above one of them hosted a church, dances, school concerts, twice monthly silent movies, and other community events.

[14] When the reservoir for the Libby Dam in Montana, submerged parts of the Kootenay River valley in the early 1970s, several displaced families were relocated to small building lots in Baynes Lake.

The Jaffray-Baynes Lake Farmers' Market, is held every Saturday from 9:00 am to 12:30 pm from the middle of June through Labour Day weekend, at the Community Hall.