Hiya Eric !
After sitting dry all winter, dawn should be all that's necessary. Most high quality car waxes are silicone and/or carnauba wax. When I was into hotrods, I always used 100% carnauba, as that's what the "purists" said to use, but I've since learned most high end car waxes are pretty near just as good. If that's what you have, it should be fine. It will help keep algea and gunk from adhering to your hull. Buffing to a nice shine should be as far as you need to go. I can't see any need for burnishing, though there may be some out in FAOL who know more than I do. Waxing it will make your canoe slipperier, and easier to slide through the water, probably faster too, though you might not be able to tell, or even care..
either way your canoe will benefit from it, and taking care of yer stuff makes it last longer and look way cooler, which is pretty important too..... Who don't get jealous of a nice shiny canoe? ......nobody, that's who......Haha..........Dan