It is to signify the heart of the Missinaibi Waterway Provincial Park. This waterway was very significant in the fur trade.
It was erected by the municipality (Township) of Mattice - Val-Coté with the financial assistance of the government of Canada and the Province of Ontario under the Canada-Ontario Infrastructure Works program; the Ontario Northland Railway generously offered the site.
That is the photographer's (Steve Robinson) daughter Jesse and son Kyle helping the Voyager in the second photo.
Mattice also features Dinosaur Statues:
Denys Heppell also created the Moose and Wolves in Hearst, Ontario, the Lake Trout in Larder Lake, Ontario as well as the Moose in Smooth Rock Falls, Ontario.
Information Sources: Jules PlamondonPictures Sources: Steve Robinson, Elizabeth Iozzo and Gerald Kornelsen