Hello Dennis,
Thank you so much for your helpful comments. I am trying the conversion from the canon format to Pro Res now. After you said that it made a lot of sense.
What I was noticing last night that the program monitor in Premiere is giving me the color that I am expecting then when I hit export I am seeing the color shift not only in the output tab but in the source tab as well. I then changed the codec I was exporting to to all of the other available Presets and found no change in the color. What this is now making me think is the Program monitor with in Premiere is not showing me the true color.
As i was writing this Post response i tried the Transcoding. I used Media Encoder and the new Pro Res Presets you recommended. I have a few screen grabs with the results. I am still seeing the color shift. One of the screen shots is using the P2 codec you suggested. So i am now convinced it is not the codec or exporting that is shifting the color. I am convinced that it is the Program monitor showing a more saturated image. It would be great to know what you think.




Best
Ben