The latest rumors suggest that the next Canon DSLR coming to us will be an entry-level model situated below the Canon Rebel SL1 and will be showcased at CP+ next month.
Recall that the Rebel SL1 was announced in March 2013 and turned out to be a fantastic little camera. I liked it so much that I bought one for myself. It is a great camera to carry when paired with the EF 40mm f/2.8 ST lens.
I look forward to seeing if Canon will continue this new compact line, or if this will be more like an update to the very low-end Rebel T3.