No, the Prince is in fact his own sister that was thought to be killed by wolves in the Prologue. She turns out to be the Weir Wolf who'd been looking to kill her father since she was turned, because he left her to die (he wanted a son - Prince) in the forest. The hero is the Queens dowager mother who retired to a quaint cottage where she "entertains" woodsmen with large axes. The neighbouring dwarfs have been having a boundary dispute with her since she and her now "living dead" husband the Old King annexed the mine they use to traffic young virgins to the local slave trader, the Prince's uncle. The new Kings wife is evil old hag (older than his grandmother in fact). She has an unsavory relationship with a "mirror" spirit who's ultimate ambition is to open a hairdressing salon in the town square. The girl/daughter/weir wolf/son forms a friendship with three bears and together they kill the dwarfs because they stole poisoned apples from their orchard and so begins the Woodland Poridge Oat company who become one of the richest food store chains in fairyland.
But....
True to the formula, the Daughter marries herself the price and the woodsmen and trafficed virgins set up together in an ice bound valley where the sing the old classic musical songs., but most of all, they all live happily together forever after.