The Peguis First Nation in Manitoba has received what it describes as the largest land dispute settlement in Canadian history.
The agreement is worth $126.1-million.
On Friday Peguis Chief Glenn Hudson outlined the next step in the process.
Members of the First Nation will vote on the terms of the agreement.
The money is to be held by an independent management firm, but Chief Hudson says the band is still not sure how the cash will be split up.
"Our funding we receive form Indian Affairs is based on reserve only and this settlement encompasses both on and off reserve, so it's going to be the community members who decide on how we utilize that," said Hudson.
In 1907, Chief Peguis and his people were forced into an illegal surrender of their land north of Selkirk known as St. Peter's reserve.
They were moved to the current site of the Peguis First Nation near Fisher Branch, and almost one-hundred-years later, in 1998 the Canadian government ruled the land was illegally taken.
Community information meetings will be held in the New Year in Peguis, Winnipeg and Selkirk.
The formal vote will be held on January 24, 2009.
