This plaque is written in three languages: English, French, and Icelandic.
The following is the transcription of the English:
NEW ICELAND
New Iceland represents a distinctive episode in the early settlement of the Canadian West. In 1875 and 1876, more than a thousand Icelandic immigrants settled a large tract of land reserved for them by the federal government along the western shore of Lake Winnipeg. Before 1887, the reserve was essentially self-governing under its own constitution, and the settlers were primarily of Icelandic origin. New Iceland enabled them to preserve their language and cultural identity. Numerous descendants maintain vibrant traditions and close ties with Iceland.