That 1.7% is a reflection of the total funding provided to the national tri-agencies—CIHR, NSERC, and SSHRC.
Most of what the polytechnics and colleges are competitive for by way of grant funding through those agencies is separated into a pool all on its own that they're allowed to apply to, which is the CCIP pool that was referred to. The entire pool is $53 million, and it is set by the tri-agencies. That is the total for which we can apply.
Of that $53 million, $50 million is actually distributed by NSERC, so you're talking about $50 million out of the $3 billion. That's where those numbers are coming from. When you look at having 110 institutions competing for $50 million, we're talking about, what, $200,000 each. When you get into large research projects, that covers a single project.