Preheat oven to 425 degrees.
Spray 20-cavity donut pan with cooking spray.
Set aside.
In a large mixing bowl, whisk flour, baking powder, baking soda, salt and granulated sugar.
Set aside.
In a medium sized mixing bowl, whisk the milk, sour cream and eggs until smooth.
Whisk in melted butter, canola oil, vanilla and almond extracts.
Pour the butter mixture into the flour mixture, adding the raspberries, and stirring very gently, just until combined.
Do not overmix.
Batter will be very thick.
Spoon batter into a large zip-lock bag.
Trim a corner off the bottom of the bag and pipe batter into each donut cavity.
Fill each cup 3∕4 full.
Bake for 10 minutes at 425 degrees or until the edges are lightly browned and a toothpick inserted in center comes out clean.
Remove from oven and cool donut pan approximately 2 minutes on a cooling rack.
Remove donuts from the pan and dip in vanilla glaze.
Place donuts on cooling rack and immediately sprinkle donuts with red sprinkles or colored red sugar before glazing the next donut.
Set out on wire racks until icing sets, approximately 10 minutes.
Serve.