Shoal Lake is approximately 110 kilometres northwest of Brandon and is in the Rural Municipality of Yellowhead.

Shoal Lake was first settled in 1875 when the North West Mounted Police established a barracks along the Carlton Trail at the south end of the lake. The community was established in 1884 and moved to its current location at the lake's north side in 1885 to coincide with the building of the Manitoba & Northwestern Railroad (now Canadian Pacific Railway).

Shoal Lake is the home to one of the longest serving police detachments in Canada. It hosts Manitoba's official museum honouring the North West Mounted Police; the Shoal Lake Mounted Police Museum. The Shoal Lake Historical Society operates the museum, built in Lakeview Park in 1984. It is a replica of the log barracks established at the south end of Shoal Lake in 1875.

The community boasts the Lakeview Golf Club, a nine-hole golf course, and the Shoal Lake Communiplex, which includes a regulation size artificial ice skating rink and four sheets of artificial curling ice.

The Shoal Lake Agricultural Society Fair is held every third Wednesday in July. Other annual celebrations include Just for U Daze on Father's Day Weekend in June and Canada Day Celebrations at Lakeview Park.

The Shoal Lake Flying Club also organizes Fly-In Breakfasts, Socials, FlyOuts and other events throughout the calendar year to promote the Shoal Lake Regional Airport.

Strathclair Credit Union Society Ltd. was incorporated in 1944 and included branches in Strathclair, Shoal Lake and Oakburn. It merged with Sunrise Credit Union on January 1, 2019.

Members (as of the end of 2022): 1,514

Staff (as of the end of 2022): 7

Branch Manager: Sheldon Strachan