The likelihood that the church’s revenue will stagnate in coming years means it might want to think carefully about its priorities, Fraser Lawton, bishop of the diocese of Athabasca and a member of the financial management committee, said in a presentation to Council of General Synod (CoGS) Saturday, November 11.
“The trends as we go forward, looking ahead over a number of years, suggest that we need to be mindful of what appears to be a probability of declining income,” Lawton said. “It might be wise for us to think about what are the critical things…Why do we exist as General Synod? What is our purpose, what is the priority in terms of funding?”
More than 90% of General Synod’s net income comes from the dioceses, Lawton said, but almost all of them are “having some conversations” about their own financial future. Given this, he said, “if everything continues as is, the day is going to come when we’re going to have to make some very hard decisions.”