G.Y.S. and others: no one has answered the question which others are asking, as to how they arrived in this predicament. That is very pertinent; was it a crew mess up, a system malfunction, an NPA training issue, a....etc.
Also, what stimulated the GA? It was VMC. Was it the EGPWS, was it the sudden awareness of the RA, was it losing sight of the runway, was it the sudden realisation they were going for a swim.
Were they visual at MDA and on profile? If so, and the a/c was in trim and stable (i.e. was the approach flown on automatics?) then doing nothing should have put the a/c closer to the correct spot than this.
So, what did they do to arrive in the wrong place and why was the GA so late. For the Canadian CAA to not investigate further to find these answers is almost a dereliction of duty to the rest of us and the pax.