[2] Mildmay is a good example of a prosperous rural Ontario small town.

Mildmay also has a recreational complex with an arena, a baseball diamond and a few other sport facilities.

The town has a park with a playground and many walking trails, a library, a fire station and a few churches of different Christian denominations.

Shortly before Christmas every year the town has an annual "Hanging of the Green" festival and lighted night parade to celebrate the beginning of the Christmas season, with free apple cider, a live nativity scene, sausages, a Santa, and Christmas carols.

Mildmay holds an annual fall fair in September in the Rotary park, as well as many other community events and activities year round, Mildmay-Carrick Public School and the Sacred Heart Catholic school teach students from kindergarten through grade eight.