Canaday Boat Launch is a BLM-managed day-use access point on the Madison River approximately 25 miles northeast of Ennis, featuring a plastic lumber ramp at a steep angle that is better suited as a launch than takeout—anglers are advised to use a long winch strap (around 30 feet) for safe launching.

The site includes an interpretive board and trail, with recently revegetated banks requiring visitors to stay on designated trails. No overnight camping is permitted, and there are no fees for use.