Shipboard hydrographic measurements and moored current meters are used to infer both the large-scale and mesoscale water mass distribution and features of the general circulation in the Canary Basin. We found a convoluted current system dominated by the time-dependent meandering of the eastward flowing Azores Current and the formation of mesoscale eddies. At middepths, several distinctly different water masses are identified: Subpolar Mode and Labrador Sea Water are centered in the northwest, Subantarctic Intermediate Water is centered in the southeast, and the saltier, warmer Mediterranean tongue lies between them. Mesoscale structures of these water masses suggest the presence of middepth meanders and detached eddies which may be caused by fluctuations of the Azores Current.