Thanks for your patience and this forum thread has an official update to address the crash issue:
"Earlier today we released build 220.127.116.11 to the Canary channel. Unfortunately, this build contained a bug which caused some macOS users to crash on launch. We have now fixed this bug and released 18.104.22.168 to the Canary channel. Your device will be automatically updated in the coming hours, but if you'd like to get the fix immediately the easiest way to do it is to download and install the PKG file from https://www.microsoftedgeinsider.com/download. Just click on "Download" for the Canary channel and install just as you did the first time. Your settings and browsing data will be preserved. "