Preheat your oven to 350°F (175°C) and grease a 9×5 inch loaf pan.

In a mixing bowl, whisk together granulated sugar and milk until smooth. Add canola oil and eggs, whisking until homogenous.

In a separate bowl, sift together all-purpose flour, salt, and baking powder. Gradually fold this dry mixture into the wet ingredients.

Gently fold in diced peaches and chopped pecans until evenly distributed.

Pour batter into the prepared loaf pan, smoothing the top.

Bake for 50-60 minutes until a toothpick inserted in the center comes out clean.

Let cool in the pan for 20 minutes before transferring to a wire rack to cool completely.