I'm not very familiar with those figures, but I can tell you that underfunding is a fact, if only because, when you consider funding a minority educational institution, you have to understand that there are additional costs.
Just to give you an example, all the faculties of the University of Alberta rely on central services intended for the faculties. We're required to provide those services in French, of course, and that entails additional costs that aren't covered by our current budget. We spend roughly $250,000 on translation a year and have no budget line for that kind of expense.