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Canada Has a Hamptons and It's Booming

A floatplane parked along the dock of David Cynamon's cottage on Lake Joseph in Muskoka.
Photographer: James MacDonald/Bloomberg
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David Cynamon knows how to unwind on summer weekends. The entrepreneur steps off a chartered float plane onto a wooden dock and is greeted by his staff as he passes a custom-made tiki bar and bubbling jacuzzi on his 10-acre estate.

His “cottage,” with nine bedrooms, tennis court and all-terrain vehicle to cross it all, isn’t in the Hamptons or St. Tropez. It’s hidden among 100-year-old pine trees a few feet from Lake Joseph on the rugged gray rock of the Canadian Shield. It’s also likely doubled in value since he bought it about a decade ago.