Elongated oval object with a soft orange/red glow, moving silently.

Rosedale is a small village north-east of Toronto, Ontario. My parents had a trailer in a park there for summer use. This evening, I was outside by myself (unfortunately) just taking in the evening air before returning to our home in the city. At the time, I was a university student and have since gone on to become a Laboratory Technologist.
Anyway, I was looking up in the night sky at the millions of stars one can only see in the country away from city lights when I spotted something rather strange. I was looking east,across the river and above the treeline at what appeared to be a slow-moving oval object.I put "cylinder" as the shape of the craft because it wasn't really "cigar" shaped as it was thicker than what I think of as cigar shaped. It seemed to be a soft red/orange color, not really "glowing", just a soft orange light. I don't know how big it was because I don't know how high up it was but it must have been fairly large because when it got to about a 70 degree angle from me, it stopped and then made a 90 degree angle from it's initial direction and seemed to follow the river in a northerly direction going extremely fast. It seemed to follow the curve of the earth and I could follow it up until the time it met the horizon up river. There was no sound until it made the 90 degree angle and moved away rapidly and then there was a "whoosh" as it displaced the air. Can't explain what it was.
Witness indicates that the date of the event is approximate.  PD