You are probably right.
The pedestal, if it is in fact waterproof, would indeed provide flotation. Certainly enough buoyancy to keep a 35 to 39 lb. canoe afloat. Don't know about the canoe, and a load of gear?
Also there is the question of whether or not a pedestal, not permanently mounted, would remain attached in the bilge of the canoe. One of the Moore pedestals I own is made to be attached in the bilge of the canoe with Velcro; not permanently attached.
Then again, if it were me, as stated previously; I wouldn't be using a Covenant as a heavy duty gear hauler in the first place. I'd use it as a day tripper.
Wall Mount Boat Racks
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