Police were called to Brickyard Road yesterday at around 4.40pm where firefighters from West Midlands Fire Service recovered the body from the water.
A West Midlands Police spokesman said: "We’re investigating after a man’s body was found in a Walsall canal yesterday (Friday 1 July).
"We were called to the canal behind an industrial estate on Brickyard Road, Aldridge at around 4.40pm."
The spokesman added: "Colleagues from the fire and ambulance services helped recover the man from the water. The man, believed to be in his 20s, was sadly pronounced dead at the scene.
"A post-mortem examination will establish the cause of his death which is being treated as unexplained at this time.
"Anyone who can help with our ongoing investigation should message us via Live Chat on our website west-midlands.police.uk quoting reference number 2804-010722."