Anglican Church of Canada suffered a deficit in 2018; dioceses ‘struggling’ to meet financial commitments

By Tali Folkins
Posted Jul 16, 2019

[Anglican Journal] A fall in revenues, especially contributions from the dioceses, combined with increased expenses to put the Anglican Church of Canada in a deficit position in 2018, General Synod heard Monday, July 15.

The national church’s audited financial statements for the year show that overall revenue was $11.1 million, down by $800,000— 7% —from 2017, Fraser Lawton, bishop of the Diocese of Athabasca and a member of the financial management committee, told General Synod. But expenses were $11.8 million — $400,000 more than the prior year, he said, citing rounded figures from the statements.

Read the full article here.