Economic activity in the area is mainly dependent on fishing, agriculture, retail, tourism and government services such as The Misamis Oriental Provincial Hospital-Initao, Regional Trial Court Branch 44, Initao-Libertad 8th Municipal Circuit Trial Court, Initao College, the BJMP, DENR, DepEd etc.Various festivals promoting tourism are also being spearheaded by the LGU and the Provincial Government of Misamis Oriental.Legend also has it that the Moro raiders were defeated, the people planted bamboo along the Initao River as a symbol of peace and truce among them.The word Initao, originally spelled by the Spaniards as Ynitao, was mentioned on August 6, 1838, in the inventory of livestock, fruits, exotic and cereal plants in the Provincia de Misamis (Ereccion de Pueblos, Misamis 1808–1839).Initao, which became part of the then-undivided Misamis, reduced its territory following the establishment of Moro Province in 1903 through Act No.Poverty incidence of Initao Source: Philippine Statistics Authority[12][13][14][15][16][17][18][19] PLDT Home Fibr, Globe, TM, Smart and Sun are serviceable in this town.