Absolutely.
You're quite right. At our institution, about 16% of our grad students are federally funded, which is actually a fairly high number in comparison to peers. It points to the real importance of funding our research and, of course, our professors. This is because, as I'm sure you've heard many times over, our professors are the ones who help the university provide RAships and TAships. Even more importantly, they provide opportunities and scholarships through their grants to be able to attract these people.
It's only when we combine federal scholarships and, potentially, provincial scholarships, which are fading in number, with institutional offers that are pulled from faculties' grants accounts that we can be competitive. As those grants accounts diminish in real dollars over time, our ability to attract students and keep them in Canada is significantly decreased.