
‘Paper gains’ in investments save General Synod from deficit in 2024
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.









![“I [would be] basically telling you guys we would not be here in 2029” if asked to forecast national office finances for 2026-2029 given current trends, General Synod treasurer Amal Attia told CoGS. Photo: Matthew Puddister](https://i0.wp.com/anglicanjournal.com/wp-content/uploads/2025/01/DSCF9490JPG.jpg?fit=800%2C543&ssl=1)








