It's not an easy question to answer.
I'll try to be brief.
While it's true that individuals are the bearers of quality and excellence, they develop in a specific context, and institutions are part of it. It's an undeniable equation.
That said, I'll describe the equation's corollary.
A colleague of mine called Michel Umbriaco used to compare universities to a symphony orchestra. He would say that the more investment a university receives for research, the higher the quality of the music it plays. When all is said and done, quality is not really infinite. The same is true of a university's research capacity.
At some point, the allocation of funds needs to be revisited. How to get to that point? First of all, a share of the money—at the top of our list we would refer to the amount required for research in French—and say that it has to be proportionately higher than the relative weight of francophones in the country, which is 9 million over 41 million.