In 1808 the Hudson's Bay Company established an outpost at Big Beaver House, located approximately 12 kilometres southwest of the present Kingfisher Lake reserve.
Big Beaver House was frequented by Kingfisher Lake people for trading fur, community activity and freight hauling employment.
In 1947, Ontario enacted the Trapline Registration and Fee Program, which eventually forced the Kingfisher Lake people to outline their ancestral hunting areas into trapping boundaries and also to pay for the land use requirements.
In 1964, the leaders of Kingfisher Lake decided to establish permanent community and to move to the current location of the reserve lands.
The officials of Kingfisher First Nation are elected for a two-year term through the Custom Electoral System.