The PowerShot G15 sports an f/1.8 5x lens, the fastest lens to date in the PowerShot series, according to Canon.
While the PowerShot SX50 HS features a 50x optical zoom, claimed to be the first of its kind for a compact stills camera.
It is designed to deliver the 35mm viewing angle equivalent of a 24-1,200mm zoom).
Both cameras features a 12.1-million-pixel CMOS sensor and Digic 5 processor.