We consider the formulation of the gravity theory first suggested by Regge and Teitelboim where the space-time is a four-dimensional surface in a flat ten-dimen\-sional space. We investigate a canonical formalism for this theory following the approach suggested by Regge and Teitelboim. Under constructing the canonical formalism we impose additional constraints agreed with the equations of motion. We obtain the exact form of the first-class constraint algebra. We show that this algebra contains four constraints which form a subalgebra (the ideal), and if these constraints are fulfilled, the algebra becomes the constraint algebra of the Arnowitt-Deser-Misner formalism of Einstein's gravity. The reasons for the existence of additional first-class constraints in the canonical formalism are discussed.