I doublechecked this. Only 3.5 g of 19 g of fat is saturated. (Hydrogenation is a process of making fat saturated. All trans fat is saturated.) Of course, trans fat is waaay worse than naturally saturated fat, so any trans fat is terrible.
It’s unfortunate. Mono-unsaturated fat (Fat that can only receive one more hydrogen atom per molecule before its completely saturated) is actually the healthiest, and McDonald’s uses 9 g of mono-unsaturated fat. But again... any trans fat is pure poison. And their saturated fat content does come largely from hydrogenated soybean oil.
There’s nothing unhealthy at all about canola or soybean oil. Despite urban legends about canola being some sort of frankenfood, the name is used just because the plant’s older name had a nasty alternate meaning: rape. Yeah, canola comes from rape. “Rape oil” doesn’t look good on the ingredients. Even the less accurate “Rapeseed oil” doesn’t look good.
"Canola" is an acronym of sorts...the Rapeseed Association of Canada chose the name "canola" to represent "Can" for Canada and "ola" for oil.
And as you say, it was made this way because they didn't want to use rape oil or rapeseed oil in the name.
Canola oil was originally LEAR. Low erucic acid rapeseed. Depending on where you look, Canola is an abbreviation meaning “Canadian Oil Low Acid” or “Canadian Oil”