10 pm wed evening went out on my deck for a smoke before bed ..we live on the waters edge of Lake Simcoe, in Ontario, Oro Medonte. Looking over the water there was a object that was bouncing up and down, was large enough to see and was low as a small plane flying low over the water - this was not a plane or Chinese lantern. It was bright redish colour coming towards us. I got out my binocular and took a better look and appeared more clearish white colour. It moved fairly quickly and like a ball of fire, as it moved towards us a tree was obstructing the view, so ran down onto the grass to continuing watching it and it disappear completely.
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