The world's largest axe is a sculpture of an axe located in Nackawic-Millville, New Brunswick, Canada. It was built in 1991, the year Nackawic was designated the Forestry Capital of Canada, as a monument to symbolize the significance of the forest industry in Nackawic and throughout New Brunswick. Additionally, the head of the axe contains a time capsule embedded within it. The axe sits in a park located off the Saint John River, which is the host location of the annual Big Axe Craft Beer Festival.