As has almost all of the rest of the ship, even the keel has been remade. The rebuild aimed to have the schooner look more like the original "Bluenose" with smaller deckhouses and more deck space, as "Bluenose II" was built with yacht accommodation as opposed to the layout of a fishing schooner. Various subcomponents for this "Bluenose II" project were supplied from notable firms including the ships keel at Snyder's Shipyard in Dayspring, the ship's backbone of laminated ribs at Covey Island Boatworks in Riverport and assembly of the vessel in Lunenburg.