It seems that Canon will give up spending more resources developing the Canon EOS M series cameras, and 2021 will be the last year for the Canon EOS M lineup.
The new Canon EOS M50 Mark II mirrorless camera was officially announced on October, and it will probably be a “stop-gap for a couple of future RF mount APS-C cameras”.
In addition, Canon is planning to announce two new APS-C RF mount mirrorless camera in 2021. Speaking of the lenses, Canon may not launch a special APS-C format lens for RF mount APS-C format cameras, and a new Canon RF 18-45mm f/4-5.6 IS STM lens will come in 2021. This lens may be a very suitable kit lens for APS-C format RF mount cameras, but it will also cover full-frame sensors. In addition, Canon is also developing a RF 10-24mm f/4L USM lens, which would cover the wide-angle needs of crop shooters. For RF-mount APS-C format cameras, Canon may also launch a cheap ultra-wide-angle lens covering 10mm to compensate for the cropping of the APS-C format angle of view.