You are absolutely right. We often hear that we are in survival mode. We know that some of our institutions are in a precarious situation, and they say so publicly.
Actually, the issue of provincial matching can be problematic. The provinces already provide funding to our colleges and universities. The federal government has its own funding process, and when a program is proposed, there is not always a match with the provinces. This is problematic because the matching funds required from the provinces cause them to dip into the funding they already provide to post-secondary institutions.