This report examines Parks Canada’s commitment to reconsidering the role of Indigenous Peoples in managing national parks and conservation areas as part of reconciliation efforts. It reviews 23 co-management agreements to assess their effectiveness in meeting Indigenous communities’ needs and supporting reconciliation. The report offers a detailed typology of these agreements, highlighting their strengths and weaknesses, and provides insights into the feasibility of true shared governance. Despite Parks Canada’s innovative approaches, the findings suggest that achieving genuine shared governance is hindered by the government’s reluctance to amend laws to effectively share authority.