I made a replacement blade myself for my last boat, which was not very different to the P21.
It was just two pieces of thick marine ply epoxied together. Cut with a jigsaw to a pattern taken off the old blade, then a lot of time and effort with an electric planer and various coarse sanding discs. I kept the foil section as close as I could to the original. The ply laminations give you a good indication of shape, and help keep the two sides symmetrical, especially if you book match the two slabs in the first place.
I can't remember how I coated it, except that I mixed graphite filler in the epoxy where the blade rotated in the stock. It was probably just a coat of epoxy on the rest of the blade. It might have been just paint. A friend turned a sleeve for the pivot bolt, although it was probably not necessary. I just can't resist over engineering things!
The old blade had an alloy matrix and some filler, inside a fibreglass case, but the sideways loads had fractured it. I suspect my wooden job was much stronger, and I certainly had no problems with it.
Hope this helps