diff --git a/code/core/src/manager-api/modules/versions.ts b/code/core/src/manager-api/modules/versions.ts
index c3b2f38ddcdc..85bcdcada282 100644
--- a/code/core/src/manager-api/modules/versions.ts
+++ b/code/core/src/manager-api/modules/versions.ts
@@ -102,24 +102,22 @@ export const init: ModuleFn = ({ store }) => {
     },
     // TODO: Move this to it's own "info" module later
     getDocsUrl: ({ asset, subpath = asset, versioned, renderer, ref = 'ui' }) => {
-      const {
-        versions: { latest, current },
-      } = store.getState();
+      const { versions } = store.getState();
+      const latestVersion = versions.latest?.version;
+      const currentVersion = versions.current?.version;
+      const activeVersion =
+        (currentVersion?.startsWith('0.0.0') && latestVersion) || currentVersion;
 
       let url = `https://storybook.js.org/${asset ? 'docs-assets' : 'docs'}/`;
 
-      if (asset && current?.version) {
-        url += `${semver.major(current.version)}.${semver.minor(current.version)}/`;
-      } else if (versioned && current?.version && latest?.version) {
-        const versionDiff = semver.diff(latest.version, current.version);
-        const isLatestDocs =
-          versionDiff === 'patch' ||
-          versionDiff === null ||
-          // assume latest version when current version is a 0.0.0 canary
-          semver.satisfies(current.version, '0.0.0', { includePrerelease: true });
+      if (asset && activeVersion) {
+        url += `${semver.major(activeVersion)}.${semver.minor(activeVersion)}/`;
+      } else if (versioned && activeVersion && latestVersion) {
+        const versionDiff = semver.diff(latestVersion, activeVersion);
+        const isLatestDocs = versionDiff === 'patch' || versionDiff === null;
 
         if (!isLatestDocs) {
-          url += `${semver.major(current.version)}.${semver.minor(current.version)}/`;
+          url += `${semver.major(activeVersion)}.${semver.minor(activeVersion)}/`;
         }
       }
 
diff --git a/code/core/src/manager-api/tests/versions.test.js b/code/core/src/manager-api/tests/versions.test.js
index 5f3895bd0ce0..8bc1401e7745 100644
--- a/code/core/src/manager-api/tests/versions.test.js
+++ b/code/core/src/manager-api/tests/versions.test.js
@@ -64,6 +64,10 @@ const majorDiff = {
   current: { version: '6.2.1' },
   latest: { version: '7.6.10' },
 };
+const canary = {
+  current: { version: '0.0.0-canary.0' },
+  latest: { version: '7.6.10' },
+};
 const newerPrerelease = {
   current: { version: '8.0.0-beta' },
   latest: { version: '7.6.10' },
@@ -186,6 +190,17 @@ describe('versions API', () => {
       );
     });
 
+    it('returns the latest versioned url when current is a canary', async () => {
+      const store = createMockStore();
+      const { init, api, state: initialState } = initVersions({ store });
+
+      await init();
+
+      setVersions(store, initialState, canary);
+
+      expect(api.getDocsUrl({ versioned: true })).toEqual('https://storybook.js.org/docs/?ref=ui');
+    });
+
     it('returns the versioned url when current is a prerelease', async () => {
       const store = createMockStore();
       const { init, api, state: initialState } = initVersions({ store });
@@ -250,6 +265,19 @@ describe('versions API', () => {
         'https://storybook.js.org/docs-assets/7.6/api/doc-block-controls.png?ref=ui'
       );
     });
+
+    it('returns the latest versioned url with assets path for canary version', async () => {
+      const store = createMockStore();
+      const { init, api, state: initialState } = initVersions({ store });
+
+      await init();
+
+      setVersions(store, initialState, canary);
+
+      expect(api.getDocsUrl({ asset: 'api/doc-block-controls.png' })).toEqual(
+        'https://storybook.js.org/docs-assets/7.6/api/doc-block-controls.png?ref=ui'
+      );
+    });
   });
 
   describe('versionUpdateAvailable', () => {