Melt the milk chocolate chips in the microwave in 30 second intervals, stirring between, until melted and smooth. Be sure to use a microwave-safe bowl! Allow to cool for a few minutes.
In a separate bowl, whisk together the flour, cocoa powder, baking soda and salt. Mix the melted chocolate, canola oil and water into the bowl of the butter and sugar mixture.
Gradually add the dry ingredients to the bowl of wet ingredients, mixing until well combined and smooth. Pour the brownie batter into your prepared loaf pan.