Yes.
As mentioned previously, some private companies (and/or hotels in the area) could handle shuttle services around the various towns.
If you are simply planning to spend a weekend or so in Banff townsite or at Lake Louise, you don't really need a car anyway. The only real "need" for a car is to go up and down 1A, or to see Johnston Canyon, or to do a few off-the-main-road hikes, but, again, a shuttle service could take care of these concerns.
And if you are just going to the ski areas, why do you really need a car anyway? Just hop on the train, then the shuttle bus, ski away until you are totally exhausted, and then come back home. Heck, maybe the train station will offer ski storage, allowing people to just hop on the train after work on Friday and pick up their skis and equipment at the station (thereby avoiding the need to go home at all...).
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