Monday, August 06, 2007

Anglican Church of Canada Sees Trend of Financial Losses Continue
by Daniel Blake & Maria Mackay
Monday, August 6, 2007

The Anglican Church of Canada has reported a shortfall of finances for the fourth year in-a-row.
The Church’s General Synod has prepared the Church’s annual report, which has revealed a deficit of approximately $486,000 for the year 2006, the Anglican Journal has reported.

The Canadian Church continues to struggle financially as its 2006 revenue also declined from $14 million in 2005 to $13.71 million last year.

Although the figures prove worrying reading for Church leaders, the latest figures are in fact an improvement on 2005, when the loss experienced was $1.1 million.
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