The Canon S95 is a higher end “photographers point & shoot” camera
with a larger sensor and smaller megapixel count - both positives in
picture quality for this type of camera. It will produce more
detailed images with better edge definition and color rendition while
exhibiting fewer blown highlights than the Fuji.
The Canon’s lens is f/2 to f/4.9 compared to the Fuji f/3.5 to 5.3.
The Canon is significantly faster, and therefore more versatile,
both in control of depth of field (easy to blur a background) and in
low light photography.
Canon has proven image quality in their point & shoot cameras and the
S95 was reviewed extremely well. Fuji has a long history of heavy
noise suppression resulting in very smeared looking jpeg images. I
don’t have any on their RAW format.
The only thing the Fuji really has over the Canon is the longer lens.
If that is a deal maker for you, however, I’d look at some of the
other megazooms out there before buying the Fuji. Panasonic has rated
very high in it’s FZ series of megazoom point & shoots.