Pour both chocolates in separate bowls, and then half the condensed milk into each bowl.
Add 1/2 tsp. coconut oil to your chocolate chip bowl and 1/4 tsp. to your white chocolate bowl.
Smash about 3 candy canes until they are bits and have them ready to sprinkle once chocolate is melted.
Put into microwave for 1 minute at 50% power, stir, then in 30 sec. increments at 50% power stirring in between until semi sweet chips are smooth (will be thick) and white chocolate is smooth (will be more liquidy).
Put parchment paper into your square pan and pour semi sweet chocolate inside and spread out evenly, it will be thick and fudgy.
Pour white chocolate on top and immediately sprinkle peppermint pcs. on top.
Refrigerate for at least an hour or until it is firm enough to cut into nice pcs.