Found this on the Canon Professional Network site.
120MP DSLR in development
Featuring a resolution of approximately 120 effective megapixels, the SLR camera now being developed will incorporate a Canon-developed high-pixel-density CMOS sensor within the current EOS-series platform, which will realise compatibility with the Company’s diverse interchangeable EF lens lineup3. The high-resolution images that the camera will be capable of producing will recreate the three-dimensional texture, feel and presence of subjects, making them appear as if they are really before one’s eyes. The camera will facilitate a level of resolution that is more than sufficient for enlarged poster-sized printout while also enabling images to be cropped and trimmed without sacrificing image resolution and clarity.