Tested the not signed in version (and may be I need to be on paid version, please correct me otherwise please answer as I am seriously interested). Here are findings and question what is the plan to bring it close to Canva for those elements:
1) Elements are not nearly close to Canva, infact the designs and search is almost 100% better in Canva
2) after selecting an item like text or something that has color. It should automatically expand the editable properties instead of extra clicks in the same bar. Will help save clicks and time
3) Elements looks more cartoonish then live 3d graphic rich content

would really like to know roadmap and timeline