"Great" fishing might be a little bit optimistic, but Spray Lakes south of Canmore is a very popular ice fishing destination. I think for most people, they have more success at Spray than they do at Ghost Res. 2 popular places on Spray are near the Driftwood and Sparrowhawk Day Use areas. Spray is deep, and having a flasher really helps. Generally, if you can find water 70' or 80' deep you should be OK. Be aware of regulations (i.e. you can use smelt, but not minnows), but most people have some luck with a white jig tipped with a bit of smelt (most fish in Spray aren't big) or a Buzz Bomb with a bit of smelt. Scenery is top notch, but it can get windy out there. Also be aware that the depth of snow in places might not make for a lot of fun for little ones.
You might also want to research Chain Lakes Res. SW of Longview, it's also a popular place for ice fishing, with easier access to the lake than Spray offers.
Regarding winter kill, if you have some places in mind that are local, you shouldn't have to worry about winter kill until later in the ice fishing season.
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