To my knowledge the prioritization issue is still outstanding. There has been an active effort in National Defence to undergo a process in conjunction with the renewal of the Canada First defence strategy to look at prioritizing a shorter list of the very long list of projects they have to actually try to move those through the system more quickly, but to my knowledge it hasn't actually progressed.
Particularly problematic is that the Treasury Board meets only a certain number of times each year, and if you have three times the volume of files for which you could conceivably get a submission in and approved, then you have a problem, and you have to make some difficult choices about which projects you don't want to put on that list.