The morphology and structure of the submarine flanks of the Canary Islands were mapped using the GLORIA long-range side-scan sonar system, bathymetric multibeam systems, and sediment echosounders. Twelve young (<2 Ma) giant landslides have been identified on the submarine flanks of the Canary Islands up to now. Older landslide events are long buried under a thick sediment cover due to high sedimentation rates around the Canary Islands. Most slides were found on the flanks of the youngest and most active islands of La Palma, El Hierro, and Tenerife, but young giant landslides were also identified on the flanks of the older (15--20 Ma) but still active eastern islands. Large-scale mass wasting is an important process during all periods of major magmatic activity. The long-lived volcanic constructive history of the islands of the Canary Archipelago is balanced by a correspondingly long history of destruction, resulting in a higher landslide frequency for the Canary Islands compared to the Hawaiian Islands, where giant landslides only occur late in the period of active shield growth. The lower stability of the flanks of the Canaries is probably due to the much steeper slopes of the islands, a result of the abundance of highly evolved intrusive and extrusive rocks. Another reason for the enhanced slope instability is the abundance of pyroclastic deposits on Canary Islands resulting from frequent explosive eruptions due to the elevated volatile contents in the highly alkalic magmas. Dike-induced rifting is most likely the main trigger mechanism for destabilization of the flanks. Flank collapses are a major geological hazard for the Canary Islands due to the sector collapses themselves as well as triggering of tsunamis. In at least one case, a giant lateral blast occurred when an active magmatic or hydrothermal system became unroofed during flank collapse. ¿ 2001 American Geophysical Union