The best thing that can be said about the “rebuilding” of the Canadian schooner Bluenose II is that is it is over and that the Bluenose II is a lovely vessel. Unfortunately, it took seven years and cost C$24 million (around US$ 20 million) to complete the “reconstruction and rebuilding,” which, in fact, was effectively the construction of a wholly new schooner.
The original Bluenose was a Canadian fishing and racing schooner from Nova Scotia built in 1921. The schooner became famous for winning the International Fishing Challenge Cup off Gloucester, Massachusetts for many years. The Bluenose is considered by many to be an iconic symbol of Canada. The schooner appears on the Canadian dime and the current Nova Scotia licence plate.