I will speak to my experience specifically.
From a core funding perspective, it hasn't made a difference. We have been at the same level of funding now with the Canada Council since 2013. On the project funding, which is task-specific or initiative-specific, we were contacted by the Canada Council and encouraged to apply for the digital strategy fund, which is one of the projects that they are really pushing, so we did. We spent about 100 hours on the application only to receive a letter after it had been adjudicated to say that due to our standing on our core grant, we were not eligible to succeed on this grant.
We were told, “Here's an opportunity for you to apply for funding to get better and to improve the quality of your work”, only to be told, “We're not going to give you the money because you're not good enough.”