Canon is rumored to announce a new full frame lens before August 2016, but the name of the lens is not confirmed yet. However, we do expect will be announced along with upcoming 16 to 35 mm f 2.8 lens, the 16-35mm lens is rumored to arrive on June 2016.
Their is a big possibility that a replacement for 70-300 mm IS lens or may be a new DO lens announcement from Canon (we have a bunch of DO patents already) is coming soon. Stay with us and we will ping-back as soon as we get any new information.
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source CR.com