Do I need to use a ericacious compost to plant an Canary Island Palm?

I'm not sure what a Canary Island Palm is, but as far as I know, palms do not require particularly acid soil.

As long as the soil is well drained and contains a lot of grit around the roots you should be fine. It is all about replicating the natural habitat of the plant to get the best success.

Bamboo, if you put Canary Island Palm in Google it will come up with the latin if that is what you are expecting. Phoenix Canariensis! Or the Canary Island Date Palm.

The Canary Islands are basically volcanic, I aint seen any volcanic compost mixes at my local nursery!
Can anyone give me a recipe for the perfect substate?!

Well thanks for that name, but I can't say an image sprang to mind even with the Latin;-)

Google images. Try this www.lmgtfy.com
Type in Phoenix Canariensis and press search, I couldn't resist lol xx