OK here is first pass, off the top of my head in five minutes, and loosely organized. As Max says, let the Rumpus begin!
Additions and comments welcome!
Basic Tools:
Stationary Power Tools:
Bandsaw - can do almost everything the tablesaw can do, plus does the curvy cuts as well. generally safer than the tablesaw
Tablesaw - will rip stock much faster than the bandsaw. Takes more floor space than the bandsaw. Essential for strip canoe builders and production canvas canoe builders.
(note, most folks end up with both of the above)
Dust Collector
Drill Press
Surface Planer
Hand Power Tools
Cordless Drill (I am partial to the Milwaukee 1/2" 14.4V)
Belt Sander
palm sander
jig saw
Hand Tools
Saws: Japanese Ryoba saw is a great rip/crosscut compromise
Block Planes:
Low-angle, such as Stanley 60-1/2. You won't regret buying a Lie-Nielsen
rabbet block plane, vintage only made by Sargent and are for collectors. Buy a Lie-Nielsen.
Bench Planes:
Smoother (e.g. Stanley #3 or #4)
Jack (e.g. Stanley #5)
Jointer (e.g. Stanley #7)
Spokeshaves
Stanley #151
Chisels
Basic set of bench chisels 1/4" - 1"
Measuring:
Combination Squares - 4" and 12" (don't settle for less than Starrett or Brown and Sharpe)
12' Stanley Powerlock Tape Measure
dressmaker's cloth measuring tape (great for measuring girth for replacement ribs)
folding rule with extension
assortment of calipers and dividers
bevel gage (Stanley 18 best as locking knob away from business end, Lee Valley makes some nice small ones)
compass
screwdrivers (assortment)
rasps and files
clamps (did we say you could have too many, no we did not!)
Sharpening
set of oil stones or water stones
bench grinder
Ready to Expand?
Stationary Power Tools
Chop Saw or Radial Arm Saw (I find RAS difficult to keep in alignment)
Stationary Belt sander (for shaping stock and occasional sharpening duty)
Jointer (I don't have one)
Drum sander (for sanding planking, rib stock)
Hand Power Tools
Laminate Trimmer or Router
Hand Tools
Saws:
Block Planes
Skew Rabbet Planes (L and R set from L-N)
Bench Planes
Stanley 4-1/2, 5-1/2
Spokeshaves
selection of low-angle wooden spokeshaves (best new ones are Dave's Shaves)
Chisels
2" paring chisel
selection of gouges
Measuring:
dial calipers
Brace w/ screwdriver bits
Awl(s)
drill bits (assortment as needed, brad point (the expensive ones from Lee Valley) for fine work, forstner bits for large work (essential for replacing Morris pocket inwales)
Advanced Stuff:
Chisels:
30 or 35 mm number 3 sweep Swiss Made Gouge (better than a chisel for trimming flush)
Sharpening:
Tormek grinder
steam box (essential for wood canvas and lapstrake, optional for strip building, probably not necessary for most stitch and glue)
For Strip Building:
Router mounted in table
bead and cove router bits
For Canvas Canoe Building:
clinching iron
canvas stretcher (webbing stretcher, artists pliers or sheet metal vice grips)
come-along
cobbler's hammer (minimizes blossoms when clinching tacks)
staple gun
planking gage (see Stelmock and Thurlow book)
router in table with round-over bit (for rounding over rib edges)
For Lapstrake Canoe Building:
rabbet plane (for cutting gains)
clinching irons or rivetting tools
lap clamps
For Paddle Making:
Axe (optional)
drawknife
angle grinder with abrasive discs
For Seat Repair/caning
1/8 morticing chisel or special-made chisel (for cleaning spline groove)
small router plane (like Stanley 271, for cleaning spline groove)