In their letters, they only said that support for the CBC/SRC was inadequate and that they were not satisfied with the governance of the fund. Their specific reasons are not clear to us. They simply said that support for the CBC/SRC was not adequate in their opinion. When a fund grants 37% of its budget to a single organization, it is not surprising that another organization would want to have more money. They want the CBC/SRC to be funded by other means.
On February 8th, 2007. See this statement in context.