In more recent history, Dymond still functions largely as an agricultural centre, while the commercial and industrial interests in the area have mostly shifted operations to the former town of New Liskeard. Haileybury maintains its status as a judicial seat, and is also home to the new city hall. A strong link to agriculture means that Temiskaming Shores has largely avoided the boom-and-bust cycle typical of most mining- and forestry-dependent small towns in Northern Ontario. Temiskaming Shores has also become a popular retirement and recreational destination, with small retirement communities like the Bayport Village being developed in the former town of Haileybury.