Lake Onega Reservoir has an area of and volume of , i.e. almost the same as those of Onega Lake. Its construction raised the water level of the lake by . The lake contains a well-developed navigation system which is part of the Volga–Baltic Waterway and White Sea – Baltic Canal, connecting the basins of Baltic, Caspian and the northern seas. These canals allow water transport of goods from the lake to the countries from Germany to Iran; most traffic goes to Finland, Sweden, Germany and Denmark. The Onega Canal running along the southern shore of the lake there is not used
Onega River of the Onega is notable for the rapids, spread everywhere between Kargopol and Gorodok, and also located downstream from Porog (the name "Porog" means "a rapid"). The Onega basin area has an important historical and cultural significance. Kargopol is one of the oldest cities in Russian North (the traditional foundation date in the 12th century, first mentioned in the 14th century), and it still contains a big number of architectural and historical monuments. Oshevensk on the left bank of the Onega is the location of the former Alexandro-Oshevensky Monastery. Another historically important monastery in the Onega basin is the Kozheozersky