It is home to various fish species such as catfish, bass, sunfish, and crappie. Nearby activities include hiking, camping, and boating. Fishing tips include using live bait such as worms or minnows and fishing near drop-offs or underwater structures. The best time of year to visit is in the spring or fall when the weather is cooler, with average temperatures ranging from 50-70°F. Overall, Canyon Lake is a great spot for fishing enthusiasts and those seeking outdoor activities.