So I've come to the realization that carrying around my DSLR kit simply isn't practical at all times so I am interested in picking up a compact camera. Ideally, this camera will be able to shoot in RAW format and have most of the same capabilities of a DSLR minus the interchangeable lenses. While I am fond of Canon products, I am not limiting my options to the Canon brand for this camera.
As I mentioned, this camera will be used to augment my kit when I cannot bring the DSLR with me. I am starting a new 52 week project and am hoping the flexibility of a smaller camera will help aid me in actually completing the project this time around. Any suggestions?
EDIT: I have a budget of $750 USD.