The dream is born. Aluminum proves to be a better material for crafting boats and Princecraft® is founded in Princeville, Quebec, Canada, by Lionel Baril and his two brothers, Roger and Sarto. The company was called Aluminum Boats & Canoes at the time and produced Princecraft® brand aluminum boats.
In the years that followed, Aluminum Boats & Canoes expanded its product line to sell fiberglass and wooden boats through Peterborough Boats, an Ontario company it purchased in 1965. Its product line was very innovative for the time, and its boats were sold all across Canada.