In the late ’50′s there were no Zone, Provincial, or Canadian Youth Championships, so juniors in the Toronto Area quite often raced against adults in open dinghy events. In 1959 the junior instructors at Port Credit Yacht Club, under the direction of Fleet Captain Ron Searle, invited a few of the junior programs from neighbouring clubs to come to the mouth of the Credit River for a regatta. The event was such a success that it has been held every year since.
In 1968 a trophy was created from a wooden Nutshell rudder, hence the name Steerers’, and presented to the best Junior Club in the regatta. The Trophy is awarded using a formula which takes into consideration not only the winners but also the participation in all classes.