It appears someone has tried to reinforce the area from the inside (I would say the boat appears to have hit a Dugong, or a Manatee, except they are scarce in Ontario !) but did a rather slip-shod job, and only made doing it properly, more difficult. Properly reinforcing it from the inside seems the way to go, once you have identified the size of the affected area, which needs to be well over-lapped.
A dugong? The boat is from Florida some place so maybe it did hit a Manatee haha, not sure of the journey to ontario but luckily for me its here. Im curious to open it up to have a look.
What is the discoloration caused by?
Thanks