Why bother....?? It's OK if you just want a few hours of skiing or if you have young kids, but otherwise go just up the road to Sunshine for the real thing.
Living in Calgary, I've skiied Norquay for 25 years, and it's an interesting area, and very different from Louise or Sunshine. It's a 5 minute drive from Banff (or grab the free shuttle bus). It's tiny compared to the other two. The Day Lodge at Norquay is beautiful. And it's carved itself quite a nice and effective little pair of niche markets.
First, it sells tickes by the hour. Here it serves the "ski for a couple of hours in the morning while my partner shops" crowd. Second, it's a family place with an extensive race program. The layout of the hill keeps the learners and the racers away from everyone else.
Most folks ski the Mystic Chair, which has lots of vertical and a whole bunch of groomed blue and black cruisers. They groom every blue and green every day, and get less snow than Louise or Sunshine (made up for with lots of snowmaking), so this is not a place for powderhounds. Last weekend (Jan 7) was the midst of a big powder dump in the area, and Norquay got virtually none.
The grooming is without question the best in the area. Still, the tops of runs , high traffic areas and steep pitches can get icy late in the day, a problem shared by parts of Louise.
And then there's The North American. No snowmaking or grooming here. Big vert, big steeps, a slow double chair, and moguls the size of Volkswagens. This is the original double black area in all of Western Canada. I skiied it a few times more than a decade ago, but don't see that it has changed (good things never do). Less than 10% or Norquay skiiers go up here. More should.
So long as you keep your expectations under control, you can have a lot a fun at Norquay for a day or two. I did 10,000+ vertical meters in 27 runs last weekend, on a typically unbusy weekend, just doing a lot of high speed cruising. Give it a try. You'll be glad you did.
Norquay's ok at the moment (Jan12 05) but it needs a good dump of snow to get the steeper runs open. The mountain has been a victim of an unusually warm Albertan Christmas, after a heavy load of snow around the beginning of December, precipitation since has been limited to flurries. However, the snowmaking here is excellent and the piste makers have got most of the greens and blues open and the conditions on these slopes are good. Naturally, it's best in the AM. Better conditions at Sunshine and Lake Louise mean that Norquay is not very busy at the moment which translates into queue free lifts and tons of space on the pistes. It's definitely worth a trip as it stands for intermediates and improvers.
Went there early Jan 05. Cold, but the quality of the snow made up for that hardly anyone on the the slopes. If u buy a min. 2hr ticket then u'll ski for 2hrs, not like Europe. Take warm clothes although u wont be cold due to the number of runs avialable.