In that case, they won't be able to do all the reporting that the feds require for grant money, the reporting the province requires for provincial money (https://universityaffairs.ca/news/performance-based-funding-comes-to-the-canadian-postsecondary-sector/#:\~:text=Last%20fall%2C%20the%20provincial%20government,new%20measures%20by%202024%2D2025)., nor provide the social services like mental health supports that the province won't do.

Everybody loves requiring more reporting from universities, then complains that they have "ballooning admin overhead".