Big Library Funding Announcement by Ontario Government

Is it my imagination, or is this big announcement from the Ontario Government giving support to libraries across the province much ado about nothing? I mean, $400,000 is better than a kick in the pants, but is it really going to help the 400 libraries across the province? It must be called the "Library Strategic Development Fund" for a reason since without a very specific strategy, I expect this would hardly make a dent. Okay, I admit to not knowing a lot about public library administration, and even less about their funding. I would be interested in hearing another viewpoint or at least from someone who knows a little more than me.