Yes, an open canoe is perfect for a canal. I have a 14’6” Pelican Potomac which takes two adults and our two children when they were little, or three adults.
We often would put in at Botany Bay, or where A675 or A674 cross the canal.
For equipment, buoyancy aids (BA), paddles (I like wooden for the feel of it) and a painter (rope) on each end.
When I paddle solo, I turn the boat round and use the ‘bow’ seat to improve the weight balance. It is capable on grade II/III white water as well, but that’s a different thing altogether!
For safety- wear the BA always, stay out of the locks.
For admin – BC membership comes with the inland waterway licence, although I have never been asked.
For technique- check out some YouTube on J stroke, and using muscles in your core rather than all arms.
For transport- figure out how you are going to get it on your vehicle. Two sturdy people can hoik it onto a car, but anything higher will require cunning. A C-tug trolley is useful for manoeuvring on the ground. A cheap trolley is infuriating.
For buoyancy of the vessel – most boats will be naturally buoyant. Go to a paddle forum and buoyancy bags for open boats on flat water is the helmet debate all over again. I have them in.