FWIW - Canola is rapeseed oil. The name is derived from CANada Oil Low Acid.
WWG1WGA
Garde la Foi, mes amis! Nous nous sommes les sauveurs de la République! Maintenant et Toujours!
(Keep the Faith, my friends! We are the saviors of the Republic! Now and Forever!)
LonePalm, le Républicain du verre cassé (The Broken Glass Republican)
L.P. Rapeseed oil is still an industrial oil used as a marine lubricant and paint vehicle. Canada genetically engineered the mustard plant to reduce the Erucic acid content in the oil to make it a cooking oil. (Mustard grows quickly at high latitudes so you can grow it in places like Labrador.)
https://www.efsa.europa.eu/en/press/news/161109
“Erucic acid a possible health risk for highly exposed children”
So, Rapeseed is still an industrial oil with high erucic acid content, and Canola just has a lower content. So you are pretty much correct.
(However....I still do not think it is healthy and will not use it. Heat destroys the omega 3s, and it goes rancid quickly!)