Butter and flour two 9 x 3 inch loaf pans (or you can spray them with Pam)
Into a medium mixing bowl, add the flour, baking powder, baking soda, salt and spices. Whisk to combine.
Put the canola oil, sugar and eggs in a large mixing bowl. Whisk until well combined.
Add the water, pumpkin and vanilla to the oil, sugar and egg mixture. Whisk to combine.
Add the dry ingredients to the wet and stir to combine. Don’t over mix the batter.
Pour the batter evenly into the prepared loaf pans. Bake for 50-60 minutes. Check for doneness at the 50 minute mark by inserting a toothpick into the top of the loaf. If it comes out clean, the bread is done baking.
Remove the bread from the oven and place on cooling racks. Let cool for 10-15 minutes before turning the loaves out of the pans.