The community originated in the early 20th century as a service point on the Hudson Bay Railway.

Although the railway's presence in Wabowden has diminished over time, it continues to serve the community by transporting freight and passengers.

[2] In spite of its latitude below the 55th parallel, Wabowden has a clear-cut rather than borderline subarctic climate.

[3] Its climate is dominated by its long and bitterly cold winters, but the short summers are relatively warm, keeping Wabowden well below the tree line.

Crowflight Minerals is currently preparing Bucko Lake Mine for rehabilitation.