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Google has finally managed to fix a 6-year-old bug in the latest Canary Build. The version 75 of Chrome Canary build now comes with an option to hide the bookmark bar on the top of the new tab page.
Google does allow users to hide the bookmark bar in Chrome but that only works when you have opened a website. Unfortunately, the feature currently doesn’t work if you open the new tab and it continues to show the bookmark bar. However, the new Canary build now allows users to hide it by pressing Ctrl+Shift+B shortcut or by deselecting ‘show bookmarks bar’ option in the bookmarks bar context menu.
The feature will roll out soon to the public and since this is just a small addition, we do expect Google to roll it out with the next major update.