The Oxford Canal between Claydon and Aynho reopened for a week from Monday.
The Oxford Canal through Banbury and north of the town is fed by reservoirs across Oxfordshire, Northamptonshire and Warwickshire.
The closure includes 16 locks through Oxfordshire and Northamptonshire after dry conditions.
The owner of Parnham House is raising money to restore the property after a serious fire in 2017.
The event raises thousands of pounds for Katharine House Hospice.
The Banbury Christmas Tractor Run returned for its sixth year on Saturday in aid of charity.