A deal being finalized between the government and the Algonquins of Ontario would not affect public access to Algonquin Park.
A report states $300 million of capital funding and no less than 117,500 acres of crown lands in Ontario would be transferred to Algonquin ownership as part of the modern-day treaty.
The agreement would resolve a claim on about 36,000 square kilometers of land from Ottawa to North Bay, which includes Algonquin Park.
However, the report states Algonquin Park will remain open for the enjoyment of all and no privately-owned property will be taken away.
Officials say the claim, known as the Algonquin Petition, was first submitted to the Crown in 1772.
With files from Gregory Rosser.