Youth try to hook Walter at 35th Under the Lock Fishing Derby in Peterborough [Video]

Hundreds of youth hope to reel in the elusive Walter the rainbow trout during the 35th annual Under the Lock Fishing Derby in Peterborough, Ont., later this month.

The prized fish, which weighs six to eight pounds, is the main attraction of the annual fishing derby on Saturday, April 27 at the Peterborough Lift Lock. Hosted by the Ontario Federation of Anglers and Hunters, the daylong derby attracts anglers ages 15 and under who fish the canal, which is stocked with 3,000 rainbow trout.

There are 500 tagged fish for instant prizes, four grand prizes, 20 early bird draws and sponsored tagged fish for cash prizes for anglers of all ages.

A $1,000 cash grand prize will be awarded to the angler who catches Walter. The past three winners have been Travis Parker, Justin Desbarbieux and Benjamin Bumstead last year, in record time within the first hour of the competition. Some years Walter has not been caught.

Second- and third-place grand prizes …