NorBro
Major Contributor
Knowing Canon's history, it's quite possible to have a C200 Part Deux, where the codec options are either Raw (or Raw Light) or a heavily compressed HEVC (8-bit XAVC on C200). Since the bit rates have not been announced so far, the above scenario seems almost guaranteed.
It's confirmed R5 will have 4K 10-bit 4:2:2 HEVC (along with RAW and anything else thrown in there).