I certainly think a theme we're seeing throughout the report is the need to gather data.
I want to follow up on using old information and old data. In paragraph 2.33, you note, “We found that the [CMHC] relied on data from Canada’s 2001 Census in its formulas for allocating annual funding to its regional offices for its First Nations new home and repair loan programs.” The year 2001 was certainly a long time ago, and it's somewhat concerning that data from so long ago was being used to inform decisions in 2023 and when this audit was completed in 2024.
This is a two-part question. First, why do you see it as a concern that such old data is being used? Second, could you speculate as to why CMHC may have been using data from over 20 years ago to make its decisions on this matter?