The event begins at Korpela Park, on Fourth Avenue in behind Finlandia Village, at 11 a.m., with activities, music, a barbecue and a homemade pulla sale.
The public is also invited to tour the new Lepikoti assisted living residence.
The rubber duck race itself begins at 2 p.m. First prize is $10,000 cash. Ducks will be available for purchase up until 1:45 p.m. race day.
For more information, phone Finlandia at 705-524-3137.