Gloomy financial future facing the Anglican Church of Canada

Archbishop reports $900,000 shortfall for the first six months of 2012

September 25, 2012
By George Conger

A strict regime of cost cutting and layoffs has not cured the Anglican Church of Canada’s cash crunch, the primate Archbishop Fred Hiltz told members of the synod of the ecclesiastical province of Canada last week in Montreal.

Archbishop Hiltz stated that the close of the second quarter of 2012, the Anglican Church of Canada was running a deficit of C$900,000. The national offices of the Anglican Church of Canada are not the only institutions facing financial shortfalls, dioceses and church institutions are reporting a decline in income, and last week a seminary announced it was closing its doors. the rest

Between 1961 and 2001 the Anglican Church of Canada lost 53 per cent of its members, with numbers declining from 1.36 million to just 642,000. The rate of decline has increased in recent years, according to an independent report given to the Canadian House of Bishops in 2006 by retired marketing expert Keith McKerracher. Attendance statistics for recent years have not been released by the church.