PR 267 begins on the border between the Rural Municipality of Gilbert Plains and the Municipality of Ethelbert at an intersection with PR 274 just a few kilometres north of Venlaw.

It heads due east as a gravel road for several kilometres through a mix of rural farmland and wooded areas to have a junction with PTH 10, roughly halfway between Ashville and Ethelbert.

Becoming paved, the highway continues east through farmland to enter the Rural Municipality of Dauphin and travel through the town of Sifton, where it crosses the former Lake Manitoba Railway and Canal Company railroad and has an intersection with PR 362 on the northern end of downtown.

Leaving Sifton, PR 267 continues east through farmland for a few more kilometres before coming to an end at an intersection with PTH 20 (Northern Woods and Water Route).

[1][2] Prior to 1992, PR 267 continued along PR 274 southbound for 3.2 kilometres (2.0 mi) to the community of Venlaw, where it headed due west along what is now Venlaw Road for 18.0 kilometres (11.2 mi) through Drifting River and Grifton to enter the Duck Mountain Provincial Forest, where it came to an end at PR 366.