One of the largest economic industries near Vanscoy is Agrium Vanscoy Potash Operations which produces 1,790,000 metric tonnes of potash a year.

[10] Within 19 kilometers or 12 miles of Vanscoy is the Otapasoo Trails Recreation Site.

Pike Lake Provincial Park has hiking trails, boating, and marsh land conservation area, and is located 16 kilometers or 10 miles to the southeast of Vanscoy.

Vanscoy School provides schooling for Kindergarten to Grade 8 within the Village of Vanscoy, after which they generally go to nearby Delisle for Grades 9 to 12.

[11] Vanscoy is considered part of the greater Saskatoon region and its close proximity to the city allows it direct access to most of its print, radio and television media.