Canon's first compact camera in yonks just got its first discount – the PowerShot V1 is now just AU$1,278

Canon PowerShot V1 on an orange background with a price drop label
(Image credit: Canon / Digital Camera World)

Announced in February, then hitting shelves not long after that, the Canon PowerShot V1 is brand spanking new. Not only that, it's resurrected Canon's popular compact cameras, taking over where the PowerShot G7 X series left off.

In fact, it takes things further by getting a newly designed sensor that's larger than before and boasts some serious video chops to rival anything Sony has put out in recent year. Wait, no: in our Canon PowerShot V1 review we actually say that it can "eat the Sony ZV-1 II's lunch as the creator camera of choice". That's high praise indeed.

Despite the upgrades it brings, Canon has priced it competitively in Australia, coming in at AU$1,449 retail (street price is about AU$1,399). But when you can save some dosh, why not?

Amazon has seen fit to shave 12% off the official RRP already and its Prime Day camera deals haven't even kicked off yet! This is an opportunity not to be missed because we can't say for sure whether the upcoming Prime Day sale will actually see a better discount – or any discount for that matter.

If you're a budding content creator and the price looks good to you, we'd recommend grabbing this now in case stocks disappear.

Canon PowerShot V1
Save AU$171
Canon PowerShot V1: was AU$1,449 now AU$1,278 at Amazon

Resurrecting the compact camera again after years, Canon's new PowerShot V1 made headlines for being a Sony vlogging camera killer. Combining high-quality imaging with an intuitive design tailored for effortless video and photography, it features a newly developed 22.3MP 1.4-inch CMOS sensor and an integrated cooling fan. It aims to deliver exceptional performance in a portable package.

So, why should you spend money on the Canon PowerShot V1, especially when it's possible to get the Sony ZV-1 II for under the one-grand mark?

Well, for starters, you're getting a larger sensor with the Canon – it's 1.4 inches compared to the standard 1-inch type. There's also a little more resolution here (22.3MP vs 20MP), although that's neither here nor there, but it could make a difference for some content creators. The sensor is paired with Canon's powerful Digic X processor to support the newest version of Dual Pixel CMOS AF II which boasts both eye and face detection for humans, dogs and cats (yep, it's as specific as that).

Canon has also given the PowerShot V1 a slightly wider-angle lens with a 3.1x zoom, so you're getting a 16-50mm lens as compared to the Sony's 18-50mm. There's even image stabilisation on board which the older Sony lacks. It even outpaces the Sony by spewing out bursts of up to 30fps (versus 24fps on the latter).

For video, 4K/60p is pretty standard now, but you also get a wind muffler, tally lamps and a Review Video mode for product showcases. And, of course, there's 10-bit Canon Log 3 support.

To avoid overheating, the V1 also has an integrated cooling fan, and there's an automatic horizon corrector. However, note that if you want to use the latter, the image stabilisation can't be used and the focal range will reduce to 17-52mm at a resolution of 18.7MP.

That's still some pretty hefty content creation chops right there, and a decent price too.

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If you are a Canon R-series shooter, or want to become one, have a look at our guide about the best Canon lenses, or the best lenses for the Canon R5 or the best lenses for the Canon R7. We've even picked out the best lenses for the Canon R50.

If you are interested in stories highlighting Canon gear, take a look at how the company is ruling the mirrorless market in the US or find the best Canon camera for your needs.

Kim Bunermann
Staff Writer

Kim is the Staff Writer on Digital Camera World, and formerly Technique Editor at Digital Photographer, focusing on the art and science of photography. With a Master’s degree in Photography and Media, she is driven to educate through an analytical approach, visually and technically. With her guides and tutorials, Kim seeks to uncover new facets of this time-honoured medium and foster a deeper understanding of its profound role in culture. Kim highlights topics that resonate with modern society, including women in photography and critical issues such as environmental conservation. She also discusses and reviews camera gear, giving you an overview to find the best fit for your photography journey. 

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