Final settlement agreement between the federal government and the First Parliament (AFN).
Otawa, AFN, and the plaintiffs in the two class action cases reached a principle agreement earlier this year . Both parties announced on Monday that an agreement had been reached.
Indigenous Services Canada says the reconciliation is the largest in Canadian history.
In total, $ 20 billion will be available to the following people:
Manitova Regional Chief Cindy Woodhouse said in a media statement that he expects money to begin to arrive next year.
"During the negotiations, we have kept our children in mind and prayed," Woodhouse said in a statement.
The final agreement requires approval by the Canadian Human Rights Court and the Federal Court.
The non-binding agreement signed earlier this year includes $ 20 billion for the long-term reform of the reserve child welfare system, but the final part of that. Reconciliation has not yet been reached.
The federal court has rejected Canada's application to consider two human rights court orders on child welfare and Jordanian principles.