This latest cold weather doesn't seem to be tightening up the ice as I would have expected.
There have been some posts that have give misleading or confusing reports on the local ice conditions. I'd look for more that one report before deciding.
I've been watching Long Reach, there were open areas there on Monday. So far, I'm just not prepared to risk it.
If my heart was set on the Bay, I'd look towards Belleville, Potter's Creek area.
If your coming from the west you might also consider a look at
http://www.lakesimcoemessageboard.com/forums/There seems to be ice up Lake Couchiching and Lake Simcoe way.
Whatever you decide, I hope you have safe ice and fish.