Identify this w00den pipe?

I'm Canadian and own this wooden carved pipe which has hung over the fireplace at a family cabin on a lake near Georgian Bay, north of Toronto, Ontario. My family has owned this pipe for at least 60 years or more. We've owned the cabin for about 100 years. My parents say Indians used to trade items on our lake although I don't know if this is one of their artifacts. Do you know anything about its heritage? It's almost 3 feet long.