Canola oil is derived from rapeseed cultivars that have been modified through breeding to be low in erucic acid and glucosinolates. It has a healthier fatty acid composition than other oils, being lower in saturated fats and higher in monounsaturated and polyunsaturated fats like omega-3s. Genetic engineering has further modified canola to improve traits like herbicide resistance and fatty acid profiles. Canola oil is widely used in food products and industrial applications due to its light color, texture and nutritional profile. However, producing genetically modified oils can increase costs due to lower yields and additional identity preservation requirements compared to conventional oils.