According to a latest news published in Japanese business newspaper, Canon will stop making digital cameras with price less than 20,000 yen or less (less than and equal to $195.50).
The sales volume of under $200 camera is less than 20% of total sales of Canon digital Cameras, Compact camera sales are all time down and not generating profit after the arrival of smartphones.
Take a look at Canon under $200 compact camera at Amazon
News src – nikkan.co.jp