Canola Oil (Best Option)
1:1 (1 tablespoon canola oil per 1 tablespoon olive oil)Canola oil is a neutral-flavored oil with a fatty acid profile similar to olive oil, making it an excellent substitute in waffle batter. Its liquid state at room temperature ensures the batter maintains the proper consistency and moisture level.
When substituting, measure equally and ensure the oil is well incorporated to avoid greasy spots. Canola oil's mild flavor won't interfere with the waffle's natural taste or toppings.
Waffles made with canola oil will have a texture and mouthfeel very close to those made with olive oil, maintaining a light, crisp exterior and tender crumb.