According to Own the Podium, women's basketball gets more funding than men's.

2013-14 2014-15 2015-16 2016-17
Basketball (F) $1,000,000 $1,000,000 $ 1,150,000 $ 1,200,000
Basketball (M) $550,000 $625,000 $ 750,000 $ 800,000

I believe that is because women's has been determined to have a greater chance of winning medals in international competitions. That may change in future, but for now the OTP program has greater faith in the women.