'Paper gains' in investments save General Synod from deficit in 2024 - Anglican Journal
The Anglican Church of Canada’s national office would have ended up with a $237,000 deficit—despite $600,000 in pared-back spending and an unusually high contribution from one diocese—if not for the unusually strong performance of its investment fund, which lifted it to a $3.19 million excess of revenues over expenses in 2024. But this investment performance consisted of "unrealized" or on-paper-only gain, and concerns about the office of General Synod's financial sustainability persist.| Anglican Journal
