But if you dig a bit further, you'll find the province is dotted with ghost towns like Byng Inlet and fascinating stories of boom and bust. Ontario has hundreds of ghost towns — though it's hard to pinpoint just how many as populations rise and fall. Before Byng Inlet was a ghost town, it was well known for its lumber industry. But the sawmill that brought the most lumber business to Byng inlet was the Holland and Graves Co. At the turn of the century, Byng Inlet had a population of 5,000 people – far from a ghost town and booming with business.