A new 50?
A purported replacement to the EF 50 f/1.4 was mentioned today in the form of an EF 50 f/1.8 IS. The lens would be smaller than the current 50 f/1.4. There is no imminent announcement of such a lens, but Canon is working to replace the 50 f/1.4 sometime in the next year. The current 50 f/1.8 would remain in the lineup.

CR's Take
There's no doubt in my mind Canon is working on a couple of new 50mm lenses. With IS added to the new 24 & 28mm primes, IS in a 50 shouldn't surprise anyone. It would be a welcomed lens if they can make it small enough to work well on a mirrorless platform.

Take this one with a grain of salt….

cr

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