It was reported two boys, aged 16 and 14, and an 18-year-old man had taken the canoe from a barge dock and tried to cross Welcome Bay at roughly 10:30 p.m. on Monday, according to a press release.
Wollaston Lake RCMP said the canoe flipped during the trip and all occupants fell into the water as a result. Weather conditions at the time were windy and is was about five degrees Celsius, police said.
The 14-year-old boy managed to safely swim to shore.
According to police, several community members and the Canadian Rangers began using boats to search for the teenager and man within minutes of the initial report.
Both missing people were located dead at roughly 4 a.m. on Tuesday, RCMP said.
The investigation is now in the hands of the Saskatchewan Coroner’s Service.
Wollaston Lake is approximately 770 kilometres north of Saskatoon.