Not really. The player has to be drafted as far as I know for a junior league to be compensated. I don't do enough NHL stuff to know more than what happens with drafted players, or how to get undrafted kids to camps. I would think there might be some compensation, though that may be covered within the CHL subsidy.
Though I think its a bit unfair for us to totally go after the CHL when they get this money, because the NHL pays for College Hockey Inc. and makes sizeable commitments to USAH. The USHL and NAHL also get funding when players are drafted, but at a lower amount than the CHL.
Canadian Junior A/Tier II also gets hosed in the compensation agreement. Cale Makar from the AJHL being taken so early is an example. His development money from what I am told, goes to the CJHL first and then everyone in the CJHL gets a piece of the pie. That's about 150 teams taking a cut.
This division of compensation is why the CHL is designed to be "one league" and so is the CJHL. Though all of the leagues under those umbrellas are autonomous.
If you ever get a chance you might want to read the NHL/CJHL agreement as well as the Hockey Canada and USAH NHL agreements.
I used to read those, and have not recently since they don't really effect the player. I do know its big money. I don't know that I have ever read the CJHL-NHL agreement, but have read the rest of them. While this discussion is off topic, you have to wonder when NCAA programs throw their development money requests into the ring.