Canada II is a 12-metre class yacht that competed in the 1987 Louis Vuitton Cup.

[3] The boat's original home was in Halfmoon Bay, British Columbia at the Secret Cove Yacht Club.

PJ Phelan, a Toronto yachtsman and restaurateur, added major financial support on one condition: that both ventures merge.

[4] The Canadians decided in 1986 to amalgamate their efforts, and Canada II was selected for the challenger series in Fremantle, Australia.

David Howard, as CEO, chose Perry Connolly as the director of operations of the joint bid,[5] and Terry Neilson was chosen as skipper.