Preheat your oven to 350°F (175°C) and prepare a greased 9x5 inch loaf pan.

Mix the granulated sugar and milk in a large bowl, then add canola oil and eggs, mixing until creamy.

In another bowl, sift together flour, salt, and baking powder, then gradually add to wet ingredients and mix gently.

Fold in the diced peaches and chopped pecans carefully to maintain fluffiness in the batter.

Pour the batter into the prepared loaf pan and bake for 50-60 minutes until a knife comes out clean.

Let the bread cool in the pan for 20 minutes, then transfer to a wire rack to cool completely.