Sorry, I was just commiserating with the OP since all of my efforts to resolve the same issue had been met with, at best, the answer of "the Mac operating system no longer needs the EOS utility as the finder connects directly to the camera. Have a go...
You're one step closer than me because my Mac Studio doesn't recognize it over WIFI or plugged directly via USB. And it is clear that Canon is abandoning the M50 camera because they won't even allow me to register mine and there only response I've go...