On one hand, the research funding has been diluted. On the other hand, we have had the right to withdraw from a good portion of the funding for loans and bursaries since the 1960s. The allocations are truly separate. Also, in the past four years, there have been cuts to the transfers to Quebec for loans and bursaries. As such, there is a shortfall for students of more than $100 million.
On October 7th, 2009. See this statement in context.