1Line an 8 inch square baking pan with aluminum foil, and grease the foil.
2Combine the vanilla chips and sweetened condensed milk in a saucepan over medium heat. Stir frequently until almost melted, remove from heat and continue to stir until smooth. When chips are completely melted, stir in the peppermint extract, food coloring, and candy canes.
3Spread evenly in the bottom of the prepared pan. Chill for 2 hours, then cut into squares.
Footnotes
Tip
Aluminum foil can be used to keep food moist, cook it evenly, and make clean-up easier.