From Calgary take highway #1 west (about 60kms) to highway #40 (Kananaskis turn-off).  Head south on the #40 (into the Kananaskis area) for about 30kms.  Watch for the sign (Wedge Pond). The  lake is just off the highway on the south side.

Regs: Open all year, Bait ban, and Arctic Grayling limit 0