There is a small community of lakeshore residences, some recreational and seasonal only, located on the lake's eastern shore adjacent to the highway.

One of the rancheries and a rodeo and pow-wow ground of the Pavilion Band is located at Marble Canyon's south entrance.

The lake area and its foreshore were added to Marble Canyon Provincial Park in order to protect its special scientific and heritage values.

[1] Part of a karst formation, the lake is most notable for being home to colonies of microbialites,[1] a type of stromatolite.

The Pavilion Lake Research Project has used the site to help train Canadian Space Agency astronauts.