"The national office of the Anglican Church of Canada has reported a deficit for the fifth straight year in 2007, with a shortfall of $777,195; the amount is $290,768 more than the loss recorded in 2006 of $486,427. The deficit would have been $1.97 million had General Synod not received a refund last year of $1.17 million from the federal government as part of the revised Indian Residential Schools Settlement Agreement, the financial statements showed. The statements reported revenue of $13.68 million, and expenses of $14.46 million. General Synod treasurer Peter Blachford said there were a number of reasons for the deficit, but that the biggest cost was related to the transfer of Anglican Book Centre (ABC) , the church's Toronto-based bookstore, to the Lutheran bookseller, Augsburg Fortress Canada". "Although donations to the Anglican Appeal, the church's flagship appeal, went up by 1.6 per cent ($438,344 compared to $425,881 in 2006) in 2007, it still fell short of its budgeted revenue target of $550,000, added Mr. Blachford. Proportional giving by some dioceses was also down".
"The Anglican Church of Canada will release an additional $125,000 to help defray the costs of providing Indian residential schools-related documents to the Truth and Reconciliation Commission (TRC) of Canada". "Up to $30,000 of the amount will support dioceses in their legal obligations to provide archival documents as part of the revised Indian Residential Schools Settlement Agreement (IRSSA). The remaining $95,000 will fund a digital version of documents that will be accessible to the public through the National Research Centre. The funds are over and above the $50,000 that General Synod Archives estimates it will need to provide the documents". "Archdeacon Michael Thompson, the national church's general secretary, told CoGS the additional contribution goes beyond what the church is required to do under the IRSSA". "The church has decided to respond positively to the request not only because it seeks to honour its legal obligation but also because it acknowledges its 'solemn moral obligation' to former residential school students and their families, as well as their communities, said Thompson. The Anglican Church of Canada operated over 30 residential schools across Canada over a 150-year period".
"A former student of the Elkhorn Indian Residential School, set up by an Anglican missionary in 1888, has donated $50,000 -- $40,000 of which was his entire settlement from the revised residential schools agreement -- to an inner city homeless shelter in Winnipeg. 'I'm hoping for the best for the people', William Woodford, 85, told reporters who heard of his generous act and showed up at Siloam Mission when he delivered the bank draft on March 2 ". "In a related development, the Anglican Church of Canada, along with other churches, is urging the government to declare the month between May 26 and June 21 (National Aboriginal Day), as a month of healing and reconciliation to help Canadians focus on the 150-year legacy of forced assimilation through the Indian residential schools". "Meanwhile, former students and representatives of the churches that are signatory to the revised Indian Residential Schools Settlement Agreement (IRSSA) gathered for a round table meeting in Ottawa March 23  and agreed to the importance of having a ceremony for the new Truth and Reconciliation Commission (TRC) members who will be appointed. Esther Wesley, indigenous healing co-ordinator of the Anglican church's partnerships department who attended the meeting, said the view was expressed that the IRSSA is 'more than an agreement; it is a spiritual covenant' that involved aboriginal communities across Canada'."