Canola oil is a type of vegetable oil derived from the seeds of the canola plant, which is a variety of the rapeseed plant. It is known for its light flavor and high smoke point, making it a popular choice for cooking, frying, and baking. Canola oil is low in saturated fat and contains beneficial omega-3 and omega-6 fatty acids. In addition to its culinary uses, canola oil is also used in various industrial applications, such as biodiesel production and as an ingredient in cosmetics. It is often considered a healthier alternative to other cooking oils due to its favorable fat profile.