MONTREAL: Anglican Church of Canada $900,000 in the red mid 2012
MONTREAL: Anglican Church of Canada $900,000 in the red mid 2012
By David
http://www.anglicanessentials.ca/
Sept. 24th, 2012
Despite efforts to balance its budget the national synod of the Anglican Church of Canada was running about $900,000 in the red at the end of the second quarter of 2012, the primate of the church, Archbishop Fred Hiltz, says.
He told representatives of eastern Canada dioceses Friday that the shortfall was due mainly to revenues lower than anticipated from dioceses. This was despite impressive efforts by some diocese to grapple with their own financial challenges and the decision of some diocese able to do so to voluntarily increase their contributions to the national church.
Read the full story at www.VirtueOnline.org
By David
http://www.anglicanessentials.ca/
Sept. 24th, 2012
Despite efforts to balance its budget the national synod of the Anglican Church of Canada was running about $900,000 in the red at the end of the second quarter of 2012, the primate of the church, Archbishop Fred Hiltz, says.
He told representatives of eastern Canada dioceses Friday that the shortfall was due mainly to revenues lower than anticipated from dioceses. This was despite impressive efforts by some diocese to grapple with their own financial challenges and the decision of some diocese able to do so to voluntarily increase their contributions to the national church.
Read the full story at www.VirtueOnline.org
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