Here is what you will need:
1 medium sized baking potato
1 large shallot, diced (1/2 large onion would work too)
1-2 stalks of celery, diced (I only used one because I am not a huge fan, but you couldn't taste it)
1 red bell pepper, diced
4 oz (about 4 slices) uncooked Canadian bacon
2 cups of frozen corn (the original recipe called for corn shucked off the cob - I'm far too lazy for that)
2 cups skim milk
Start by poking some holes in your potato and place in the microwave for about 8 minutes. Meanwhile, get everything chopped.
Once potato is done, remove from the microwave, cool enough to touch it, remove skin and mash with a fork.
In a large sauce pan, combine shallots, celery, bell pepper and corn. Saute for about 5 minutes or so in olive oil.
Add bacon and milk.
Add mashed potato and mix well. Season with pepper to taste. The original recipe also called for hot pepper sauce, something like tabasco I am assuming, but since I don't do spicy I left it out!
Cover and simmer for 10 minutes or so. Make sure it doesn't boil - don't want to burn the milk - it won't be pleasant!