The Canon EOS M50 is a sub-$1,000 mirrorless camera that still packs in a handful of higher-end features. The camera is Canon's first mirrorless to shoot 4K and also the company's first with auto transfers to a smartphone via Bluetooth.
The M50 uses a DSLR-sized sensor with 24.1 megapixels. The camera can keep a pace of 7.4 shots per second while still using continous autofocus or 10 fps with the focus fixed on the first frame, a respectable speed for a mirrorless camera that's not high priced. The camera also shoots 4K -- though at 25 fps and a 1.6x crop of the sensor, it's nice to see Canon isn't entirely ignoring the higher resolution video format on their lower priced cameras anymore.
Canon uses a Dual Pixel autofocus system on the M50 which is said to offer more speed and more accuracy. Recording 4K video, the autofocus system switches to a contrast detection type. The camera also packs in both a Wi-Fi and Bluetooth connection. The latter allows photographers to automatically send the shots to their smartphone (provided the smartphone has the right connection, so older smartphones may not offer this). Canon hasn't said whether those transfers are lower resolution -- the low powered limitations of Bluetooth typically mean files are downsized before sending. Nikon's version of these automatic uploads are around two megapixels, for example.
While the M50 has the size of a mirrorless camera, Canon still managed to squeeze on an electronic viewfiner and a tilting LCD screen. That spec sets the M50 apart from the lower-priced M100. The downsize of that small mirrorless body is that the battery life isn't the greatest, though 235 shots is low even for a mirrorless camera.
The EOS M50 is a step in the right direction for Canon and a worthy competitor for the $800 price point. The Fujifilm X-T20 has a better battery life and an X-Trans sensor with the optical low pass filter removed, but it also has a slower burst speed. The Sony a6300 is a tough competitor with a faster burst speed, weather-sealed design and larger battery. Stepping over to the Micro Four Thirds family, the Panasonic GX8 has a faster burst and in-body stabilization while the Olympus OM-D E-M5 Mark II has those features plus weather-sealing.