Once again, Natural News goes into hysterics over something  (SHOCKING!) that has been reported on numerous times before.  
Personally, I have used canola oil for several years and have not suffered any ill effects.  IMHO, it's a lot healthier than coconut oil which has been touted as a cure for everything from hangnails to high cholesterol.  It's not.  
Olive oil is ok, but I think it imparts a taste to food that  I find disagreeable.  Canola has no taste to leave in food.  
To each his own.