The Rich Content Editor allows text formatting in Canvas. Any tools that allow students and/or instructors to post text use the Rich Content Editor.
Reminder: APA and HTML (which is the computer language the Rich Text Editor uses) do not work well together. Complete APA formatting cannot be done within Canvas. When posting in discussions, blogs, wikis, and other Canvas tools, it is not possible to do hanging indents, double spacing, or page headers/footers. However, providing correct citations and references is always required. You may want to share this information and reminder with your students.