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More financial woes for Canada: CEN 6.06.08 p 8. June 9, 2008

Posted by geoconger in Anglican Church of Canada, Church of England Newspaper.
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The Anglican Church of Canada reported its fifth straight year of financial deficits last week, with expenses exceeding income in 2007 by £394,000.

In a presentation to the members of the Council of General Synod (CoGS) — the Canadian church’s governing body between meetings of General Synod — church treasurer Peter Blachford (pictured) noted the lose would have been £1 million had not the church received a refund from the Canadian government on funds paid in to the Indian Residential Schools Settlement Agreement — a government organized fund to compensate those abused in church affiliated schools.

Read it all in The Church of England Newspaper.

Canadian Church reports deficit

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