Agriculture and its related businesses continue to be the major economic activities in the Northwestern Interlake. The relatively low land prices, the ability of this land to produce high quality forage crops, the abundance of clean water, and stable cattle prices have combined to make this area one of the best beef producing areas in the country. The major products produced in this region are agricultural products, specifically grain, hay, forage seed, livestock and PMU (Pregnant Mares Urine).

The production of cattle is perhaps the most important agricultural sector in the Northwest Interlake. Cattle farmers in the R.M. of Coldwell Agriculture District area were managing approximately 36,340 cattle in 1996 of which 14,317 were beef cows.

The majority of cattle produced locally are feeder cattle and are purchased by feedlots in Manitoba, Saskatchewan, Alberta, Ontario and the United States.

The R.M. of Coldwell reportedly had $8,370,687 in Farm Cash Receipts in 1995.