A Canadian study involving 141 people with Type 2 diabetes, who ate either a low glycemic index diet that included bread made with canola oil, or a whole wheat diet known to reduce the risk of cardiovascular disease, found that those on the canola bread diet experienced both a reduction in blood glucose levels and a significant reduction in LDL, or "bad," cholesterol. Moreover, the canola bread diet seemed to have the most significant impact on people who needed help the most — those whose HbA1c test measuring blood glucose over the previous two or three months was highest.
On the other hand, those on the whole wheat diet seemed to have better blood flow after 12 weeks than those on the canola bread diet.
http://www.eurekalert.org/pub_releases/2014-06/smh-rsb061314.php
Jenkins, D. J. A., Kendall, C. W. C., Vuksan, V., Faulkner, D., Augustin, L. S. A., Mitchell, S., … Leiter, L. A. (2014). Effect of Lowering the Glycemic Load With Canola Oil on Glycemic Control and Cardiovascular Risk Factors: A Randomized Controlled Trial. Diabetes Care, 37(7), 1806–1814. http://doi.org/10.2337/dc13-2990