Give a man a fish and feed him for a day....Teach him to use the internet and he won't bother you for weeks!
Although usually referring to a phallic sex toy, the term dildo originally referenced the peg used to secure a boats' oar in place. Which is probably what they had in mind when they named this Canadian fishing village. But despite having a robust economy (probably based on tourists coming to take pictures standing next to the sign) there are those who argue that they need to change the towns' name, as this YouTube video illustrates. (VIA Neatorama)