I doubt anyone is going to be able to answer that question definitively as it's so specific, just call up an academic advisor and ask them, they should be able to tell you exactly what you need to know.
http://www.eng.mcmaster.ca/current/advising.html
My guess is that you won't have any problem since you haven't failed any course at all, a deferred exam makes no differences to your final grade, you're just getting the grade later than everyone else. You've still cleared the course on your first attempt (if you pass).