Kananaskis Country is a park system situated to the west of Calgary, Alberta, Canada in the foothills and front ranges of the Canadian Rockies.he Canmore Nordic Centre was the venue for cross-country skiing events during the 1988 Winter Olympics. Most of the development is within Peter Lougheed Provincial Park and along the highway 40 corridor that parallels the Kananaskis River. Kananaskis has many kilometres of hiking, cross-country ski, and horse trails.