That combination will work fine. When my father was prospecting he used a
16 ft Peterborough canvas-over-cedar square transom canoe with a 3 hp
Evinrude Fisherman (1930's vintage). A canoe is not a planing hull so
adding more horsepower will only waste fuel. A 3 hp outboard will drive
most boats up to 15 ft at "hull" speed.

There is a photo of the canoe on top of my grandfather's pickup truck at
my website (see below). Click on "Himself", and "1964, Restoule, Ontario"
under "Body Shots"
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