Far Cry Primal, which was announced earlier today, is being worked on by Ubisoft Montreal with Ubisoft Toronto helping out.
Ubisoft Toronto last worked on Far Cry 4, and Assassin's Creed Unity. With Far Cry 4 they helped with the Shangri-La part of the game, but their involvement with Far Cry Primal is unknown right now. Back in July, IGN speculated that they were working on a new IP, which could still be true. You can check out the full trailer below:
Far Cry Primal will be out February 23rd 2016 for PlayStation 4, Xbox One, and PC.