Many businesses and services cater to tourists both on a seasonal and year-round basis.
In the late 1760s, a small fur trading post called Pine Fort was established by independent fur traders from Montreal, south of Carberry's present site in what is now Spruce Woods Provincial Park along the Assiniboine River.
Pine Fort was later taken over by the North West Company, and was eventually abandoned in 1811.
Native people continued to pass through or reside in the Carberry area and did so until the late 1870s when European settlement began to affect the landscape and game resources.
The Native population in the area was eventually settled onto reserves according to treaty provisions with the Federal Government of Canada.
Carberry and the surrounding Rural Municipality of North Cypress are known as "King Spud Country", a nickname which pays homage to the high quality potatoes grown in the area due to ideal soil conditions for the crop.
Many businesses in Carberry offer services and supplies to support the robust agriculture industry.
Food processing makes use of locally produced crops and is a major employer in the community.A local plant owned by Mc Cain Foods makes various potato products, and is a major supplier for Mc Donald's Restaurants in Canada and the United States as well as producing potato products that are found in other well known restaurants, grocery stores and other varied world markets.It is one of the most highly advanced plants of its kind in North America and normally operates 24 hours a day, 7 days a week.Along with potatoes, the local agriculture industry is very diverse and includes other vegetable, grain, pulse, and industrial hemp crops as well as dairy, poultry and livestock, among other mixed farming.due in part to the community's strong, stable economy along with other factors including its geographic location in relation to major transportation routes and the nearby city of Brandon.The close proximity of Carberry to Spruce Woods Provincial Park and the many unique recreational activities in the area make Carberry a popular tourist destination.