Commercial fishing is the main source of income, while other employers include the Kistapiskaw School (K–12) and the local health clinic.

The closest larger centres are Creighton, and Flin Flon located about 140 kilometres (87 mi) to the east.

Most residents of Deschambault regularly travel to these centres for shopping, medical and dental appointments, and recreation activities.

People in the community enjoy skating, hockey, snowmobiling, cross-country skiing, boating, camping, and fishing.

Ambulance service comes from Pelican Narrows and will meet a medivac team from the community at the highway junction.