Overview
IT has put together a great resources on Microsoft Teams on their wiki. Please refer to this resource and reach out to IT for general questions about MS Teams. As of Summer 2020, COE has integrated Microsoft Teams into Canvas.
A Teams meeting link can be added any place the Rich Content Editor is available. One thing it does different than Conferences/BBB is that if the link is added to an item that generates a notification, such as the Calendar, the students will get a notification.
Guides
Video Guide: Using Teams from Inside Canvas
Written Guide: Here is a general guide* from Canvas on how to access Microsoft Teams in Canvas.
*The only difference from the guide is that we have more options, so you have to click the More External Tools drop down menu first:

FAQ
How can I create a reoccurring Teams Meeting in Canvas?
How do I sync my Canvas Calendar with my Outlook Calendar?