05 gmc canyon traction control power fault

First you'll need to take it to have DTC's - diagnostic trouble codes check to find out what part of the system is at fault ! Could have a sensor , control module ,or wiring problem !
Traction Off Indicator The traction off indicator, which is a LED located on the traction control switch, illuminates only when the traction control switch has been pressed and released, disabling traction control. It is important to note that a traction fault does not illuminate this indicator and that there is no relationship between this indicator and the traction fault message.
Traction Fault Message The IPC displays the traction fault message when either of the following instances occur.
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The EBCM detects a malfunction that requires traction control to be disabled. The EBCM sends a serial data message to the IPC requesting that the message be displayed.

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The IPC detects a loss of serial data communication with the EBCM

Traction Control System (TCS)
When drive wheel slip is noted while the brake is not applied, the EBCM will enter traction control mode.
The EBCM uses a 5-volt pulse-width modulated (PWM) signal to request the PCM to reduce the amount of torque to the drive wheels. The PCM reduces torque to the drive wheels by retarding spark timing and by commanding the throttle actuator control. The PCM uses a 5-volt PWM signal in order to report to the EBCM the amount of torque delivered to the drive wheels.
You would need a factory grade scan tool to check data PID's - parameter identification , all the sensors work within a specific voltage range 1- 5 volts an you can see this on a good scan tool !
The Traction control is part of the ABS system an there a several DTC possible
DTC B0827 DTC B0828 DTC B2745 DTC C0035 DTC C0035 or C0040 DTC C0040 DTC C0055 DTC C0110 DTC C0191 DTC C0201 DTC C0220-C0229 DTC C0240 or P0856 DTC C0244 or P1689 DTC C0245 DTC C0267 or C0268 and C067 or C068 DTC C0550 DTC C0899 DTC C0900
You best bet is to take it to a qualified repair shop !

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