• Conserve and improve the historic Canal, its waterfront and its wider environment from the Canal Basin to the Exe Estuary for everyone to enjoy now and in the future 

• Breathe new life into the Canal by encouraging and supporting boat users to navigate and enjoy the waterway, and supporting provision for access, moorings and services

• Promote the Canal and its environs as a facility for everyone and an amenity to be enjoyed, valued and conserved sensitively for the local community and residents

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• Monitor projected changes to the Canal, its Basin and its wider environment

• Liaise, co-operate and assist with maintenance and restoration

• Organise activities and encourage participation and volunteering through work parties, special events, talks, socials, cruises, publicity, and fundraising for projects​

• Enhance and protect the ecology, wildlife and habitats of the Canal and its environs

• Stimulate public interest in the Canal, its buildings, its history and its future

• Provide a forum for the assembly and focus of views of all people interested in the Canal and its heritage and provide advocacy and publicity​.