My take on this, as a child of white immigrants, is that the Native Indian population would prefer something other than money. I think this kind of easy solution, just give them some money, is the type of solution that has been tried over and over without success. Even worse, we'll carve out some land and tell a tribe "this is yours" only to steal it back as soon as some commercial opportunity makes it valuable.
In the medium sized town I live nearby, large tracts of native land sit unused as undeveloped trash pits surrounded by condo and townhouse developments. How are natives expected to live a traditional life off the land when on one side there are supermarkets and strip malls and on the other side suburbs? Eventually many bands cave in and throw up their own gated communities which they lease to rich white retirees. One corner of the remaining land gets to stand for a local band community centre and maybe a small section of housing for a few lucky band members. My own perception is that corruption within the bands is rife, with chiefs and their family/friends benefiting from the rent-seeking and pretty much everyone else in the band losing out.
I think the harsh reality is that the kind of society and life that Native Indians dream of cannot be lived alongside modern industrial capitalism. It isn't just forestry, mining, oil and gas pipelines ruining their habitat. It is the very root of capitalist consumerist culture that is incompatible with the very conception of life they wish to maintain. You can't make that go away with money or by temporarily relocating them. It would require a cultural shift that would alter every aspect of Canadian life.
The funny thing is, we're all just jumping on to the global warming bandwagon. But the only communities I see taking environmental stewardship seriously are the Native Indians. They've been literally screaming at the top of their lungs about the destruction we are wreaking to this planet for decades. And instead of listening to them we just pressure them until they give in and accept whatever bribe we muster alongside a weak apology for past transgressions. And then they retreat into depression and alcoholism. It's a heart-breaking cycle and more money (or "wealth transfer") isn't the solution.