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Square-Enix looking to next console generation

Square-Enix make plans to open a second Canadian studio in preparation for the next home-console generation.
The studio is penned in to be open sometime in 2012, will have at least 100 employees and (according to Le Presse) will be based in either Montreal, Toronto or Quebec; the final decision on location will be made this May.
A statement from the director of the Square-Enix owned Eidos Montreal studio (currently working on Deus Ex: Human Revolution) read:
“The new consoles from Microsoft, Sony and Nintendo will require more attention and more staff. We want to prepare ourselves.”
So, any guesses on when on the next generation of home consoles will arrive?
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