(CBC) Anglican Diocese of Eastern Newfoundland and Labrador running out of cash, selling assets in ‘hemorrhage situation’

The Anglican Diocese of Eastern Newfoundland and Labrador has announced it’s running out of money and may need to stem its losses with layoffs, closures and sale of assets.

In an Oct. 5 letter obtained by CBC News, the diocesan finance committee said COVID-19 lockdown measures — which prevented gathering for worship for months — had a “devastating impact” on the church’s finances.

“While a number of our parishes continued to receive offerings and donations via drop-off collections and electronic means, it is clear that COVID-19 has negatively impacted our stewardship,” the letter says.

Archdeacon Sam Rose told CBC the pandemic has exacerbated previous financial struggles resulting from a reduction in church attendance.

“Like most organizations the onset of COVID accelerated this rapid decline,” he said Thursday.

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Posted in Anglican Church of Canada, Canada, Parish Ministry, Religion & Culture, Stewardship