Preheat oven to 325°; Spray a bundt cake pan with cooking spray

For the CAKE: In a bowl mix flour, sugar, pudding, baking powder, salt, butter, and canola oil until batter has a sand consistency; Add in milk and eggs until batter is smooth

Pour batter into bundt pan; Smooth top

Bake for 45-55 minutes; Then let cake cool slightly

For RUM SOAK: Combine butter, sugar, salt, water, and rum in a sauce pan; Bring to a boil over high heat; Reduce heat to low and simmer until it is slightly thickened

Transfer syrup into bowl and add vanilla and lime juice

With a skewer poke holes all over the cake

Pour syrup all over the cake small amounts at a time allowing the syrup to soak in between pours

Cover the pan loosely with plastic wrap and let the cake sit for AT LEAST 8 HOURS; Transfer onto cake plate

For LIME GLAZE: Whisk powdered sugar and lime juice together in a bowl

Pour the glaze on top of the cake

ENJOY!!