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Vermilion lakes at sunrise, Banff National Park, Canada.

The Vermilion Lakes are a series of lakes located immediately west of Banff, Alberta, in the Canadian Rocky Mountains.

The three lakes are formed in the Bow River valley, in the Banff National Park, at the foot of Mount Norquay. They are located between the Trans-Canada Highway and the Canadian Pacific Railway tracks. A hot spring is found at the third lake.