I don't think it should come as a surprise anymore, especially after the release of the Canon EOS R7 and Canon EOS R10 that the EOS M lineup would ride off into the sunset.
Canon has discontinued the EOS M200 to follow the discontinued the EOS M6 Mark II. Only the Canon EOS M50 Mark II remains in the lineup. We think that the rumored Canon EOS R100 will be the end of the line for the Canon EOS M50 Mark II as well.
We have no solid information about any discontinuations of EF-M lenses, perhaps Canon has a plan to keep those lenses relevant, as there are some good ones out there.
There should be inventory of many EOS M cameras out there for the next while.
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I'm totally expecting it to happen, but otherwise I'll be keeping mine around until there comes a point where I convert my M mount stuff to Fuji as my pocketable option next to my R stuff.
It's not like my M and EF stuff really had much overlap despite the adapter.
Don't confuse imagination and opinion with facts.
Dealers had inventory of the 5DS cameras for years after production ended... including the Canon Store.
All the RF gear is too big, too expensive, or too slow, or in most cases, all of the above. With no way to adapt all my M lenses I spent the last several years and $x,xxx accumulating, there's nothing tying me to the Canon brand any longer.
I've been shooting Canon my entire photography life (about 20 years) and it seems they are leaving me no choice but to switch to a competitor. It's truly bizarre.