Farming, fishing, employment and small business are the primary sources of most household income.

Two agro-industrial establishments are found in Canaman: the poultry feeds and palay.

Various types of cottage industries like handicraft, furniture, fan making (made of anahaw), ragiwdiw and nipa shingles are conducted in this town.

In 1998, it was recorded that agricultural workers reached only 27.3% while 70.8% were engaged in non-agricultural activities.

Trade and Commerce

Presence of Canaman Public Market and a privately owned "talipapa" Most of the people's marketing activities are done in Naga City.

Agricultural Sector

88.38% of the total land area

Local Tourism

Lagaylay Festival - A May celebration in Canaman, Camarines Sur to honor the Sta. Cruz tradition. Women dance on the streets while chanting prayers to find the real cross. and also celebrate in San Nicolas and Bawa and you can find the true maining of Festival

Transportation Facilities

Most of the roads and main streets in the poblacion (urban barangays) are concrete with few earth and gravel roads, 4 can be reached only through water transportation while 11 can be reached either through water transportation and/or by land transportation.