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It depends on the seed - canola oil is known as rapeseed oil here in the UK and is good for you.
What you want to avoid are ultra-processed foods that tend to be high in sugar, salt and bad fats.
They often relabel rapeseed oil as "canola" or even "vegetable" oil, but it still is strong flavoured and unhealthy to consume.
Canola oil is known to be bad for you here in Australia, and olive oil thought to be more healthy.
It depends on how processed it is but, by and large, it's a pretty healthy oil.
In most of the world rapeseed oil is considered a neutral vegetable oil, and is definitely not strong flavoured. I don't know what you do to it in Australia, but it isn't being done most other places.
No idea, but canola has risks of naturally occuring erucic acid, and smells and tastes different to oil made by other plants/vegetables. Hard to describe. A bit like rancid ghee? Bitter and buttery. I will stick to olive oil and peanut oil and butter, thanks. They taste and smell much less unpleasant.