During the Nineteenth and early Twentieth Century, Lodge Bay was used mainly as a principal fishing station on the Labrador coast by seasonal crews from the United States, Canada, France, England, and the island of Newfoundland. The major employment for the inhabitants was inshore cod, salmon, herring, and mackerel fisheries.

Lodge Bay came from the name Ranger Lodge which was settled by captain George Cartwright in the 16th century. Ranger was the name of his first ship and Lodge was the name of their homes in England at that time. It later became the winter home of fishermen from Conception Bay who had summer fishing stations off of Cape Charles and Camp Islands. The main surname, "Pye", came from the English who moved to Cape Charles after staying at Conception Bay.