[1] The community is spread along both sides of the Trans-Canada Highway, east of Banff National Park and north of Kananaskis Improvement District.

By land area, it is the third-largest Indian reserve in Canada (after Blood 148 and Siksika 146, both also in Alberta).

According to the Canada 2011 Census: Most of the film Buffalo Bill and the Indians, or Sitting Bull's History Lesson was shot on location on the reserve.

The film Little Big Man starring Dustin Hoffman and Chief Dan George was shot here also, and the first screening was held in Calgary so the tribe could attend.

The Stoney Reserve was badly damaged by a massive flood in June 2013 and hundreds of residents were evacuated from their homes.