It is unlikely that they will discontinue the T5 in the near future -- although we're a community of Canon users and we don't have any insider-scoops on this sort of thing.
The T5 is a different class than the T5i. Canon tends to release a new top-end Rebel body approximately once per year. But the entry Rebel bodies tend to only get released once every few years. Notice, for example, that they still have not withdrawn the T3 from the market. They still actively produce and sell that camera (what you see in stores isn't old inventory that simply hasn't sold yet... it's still produced.)
Canon tends to reduce the price and keep the previous generation cameras on the market to offer a product at multiple different price points with various capabilities -- and this tends to make DSLRs accessible to people with a variety of budgets.
When Canon releases a newer entry level body (there are currently not even any rumors of an upcomming product) it's likely that such a product would take the place of the T5, but then the T5 would take the place of the T3... and the T3 would likely be the product that would be discontinued.
Tim Campbell
5D III, 5D IV, 60Da
