That CG plate is meaningless in Canada, your insurance on the boat will be related to the size engine you hang on the transom and the length of the boat. Whether that engine is safe to put on your boat is up to you, seeking advice from a marine surveyor is probably a good idea but it is unlikely he will set himself up for a lawsuit by making a firm recommendation on the HP rating...however he can probably offer some good pointers.
I think the CG rating method is a good point to start as it has been derived from years of experience but 25 HP either way is not the end of the world...up here anyway. Engine weight is a big part of the formula and a 4 stroke weighs a lot more than a 2 stroke, be aware you may not be able to find 4 stroke CG ratings for older boats as they were not available back then. You can certainly find other owners of your brand/style of boat and get the CG plate data and go with that, your insurance will still be based on the HP and boat size, not a CG rating.
BTW this is a touchy subject on the board as it is a serious liability issue in the US and you likely would not be able to insure the boat if it exceeded the CG rating there, we do not have that issue...your the captain in charge mate.
For example I am upgrading my 80HP rated 16' Tuffy from 90HP to 200+HP, the transom and floor is being reinforced to handle the extra power as well as steering to hydraulic...my insurance should cost a fortune. The difference in weight between the two motors is 70 pds...batteries are moving up front to accomodate the extra transom weight and the on-deck portable fuel tank is going under the floor with a larger permanent custom tank. This is all legal in Canada as long as I am willing to take the risk and pay the extra cost for insurance, you can bet I am taking the extra time to engineer this upgrade carefully and will be taking her out in baby steps to ensure the boat is safe at speed.
I think you will find the maritime laws in Canada completely different from the US mainly because there are so many homebuilt fishing vessels in service and the HP rating is non-existant, therefore it is up to you to operate and rig the vessel safely...ultimately safety is your responsibility anyway.