Clearwater Lake Provincial Park was designated a provincial park by the Government of Manitoba in 1963. The park is in size, completely surrounding Clearwater Lake. The park is considered to be a Class II protected area under the IUCN protected area management categories.
At Prospector station, it is served by the Keewatin Railway. The park also has access to Manitoba Highway 10 and The Pas Airport via Provincial Road 287 (PR 287).