So the unlikely thing did happen: anothe team decided to cancel their (confirmed) sign up for BC Games Masters and somehow Faze got offered the spot instead, but declined. Now G2 is listed as attending, while Flyquest (who were on the waitlist before Faze and G2) is still on the waitlist.
For anyone wanting to check the signed up teams in order the official Google Sheet from the organisers can be found here
Also G2 has signed up for Roman Imperium VII: Sheet