Fiberglass canopy?
This suggestion is not easy, but.... consider sanding it smooth, put a layer of .75 ounce fiberglass cloth over the frame, use pieces of mylar pressured against the cloth. With adequate pressure the mylar should cause a smooth finish. Thin mylar cut into side strips should conform to the shape. As Mike said, without knowing the weight of the original cloth its tough to comment on strength issues.
Mike