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The PowerShot G5 X was announced back in October of 2015 and was one of the better selling G series cameras. Its mix of size, EVF and relatively fast 24-100mm f/1.8-2.8 lens made it fairly desirable for a point & shoot camera.
Canon prototype named PC 2355 has appeared at certification agencies and has been confirmed as the PowerShot G5 X Mark II by Nokishita.
Along with the PowerShot G7 X Mark III that has been spotted, it looks like we're going to finally get some updates to the G series line of cameras.
There is no word on a replacement for the PowerShot G3 X which was announced in June of 2015 or the PowerShot G9 X Mark II which came out in 2017.
