Faith

19 more Catholic institutions divest from fossil fuel

cns@catholicregister.org (Catholic News Service) — Tue, 11 Sep 2018 10:38:00 -0400

WASHINGTON – The Irish Catholic Bishops' Conference and Caritas India are among 19 Catholic institutions that have decided to divest from the fossil fuel industry.

Canadian poverty plan big on promises, short on dollars

mikes@catholicregister.org (Michael Swan, The Catholic Register) — Tue, 21 Aug 2018 16:50:52 -0400

Over the next 12 years the federal government promises to raise 2.1 million Canadians out of poverty and take Canada��Ƶapp poverty rate from one in every eight Canadians to one in every 17 by 2030.

Ontario winding down basic income pilot project

ccn-ottawa@rogers.com (Deborah Gyapong, Canadian Catholic News) — Thu, 16 Aug 2018 16:14:25 -0400

OTTAWA – Anti-poverty advocates are disappointed that Ontario��Ƶapp new Conservative government intends to cancel the province��Ƶapp basic income pilot project, arguing that the study is important to help reduce poverty far beyond the province.

1 in 4 Canadians face financial hardship, Angus Reid poll finds

mikes@catholicregister.org (Michael Swan, The Catholic Register) — Thu, 02 Aug 2018 06:34:47 -0400

A new report from the Angus Reid Institute showing poverty may be a bigger problem than official statistics indicate is ramping up pressure on Ottawa to unveil a federal poverty reduction strategy.

Vatican bank sees profit while making ethical investments, report says

cns@catholicregister.org (Catholic News Service) — Tue, 22 May 2018 23:19:06 -0400

VATICAN – The Institute for the Works of Religion, commonly known as the Vatican bank, seeks to follow Catholic ethical practices in investments, according to its latest annual report.

Every financial decision is a moral choice, Vatican document on economy says

cns@catholicregister.org (Catholic News Service) — Thu, 17 May 2018 09:34:22 -0400

VATICAN – Financial and economic decisions -- everything from where a family chooses to invest its savings to where a multinational corporation declares its tax residence -- are ethical decisions that can be virtuous or sinful, a new Vatican document said.

Vatican confirms investigation into financing of cardinal's apartment

Thu, 31 Mar 2016 11:00:00 -0400

VATICAN CITY - Vatican judicial authorities are investigating the former president and former treasurer of its Bambino Gesu pediatric hospital in a case involving the financing of remodelling work on the Vatican apartment where Cardinal Tarcisio Bertone lives.

Anonymous donor to the rescue of P.E.I. parish

evan.boudreau@catholicregister.org (Evan Boudreau, The Catholic Register) — Sun, 16 Aug 2015 12:00:00 -0400

A recently launched capital campaign at St. Malachy��Ƶapp Church on Prince Edward Island is getting a helping hand from outside the parish community.

Diocese wants to hold ‘bling’ bishop accountable for excesses

Mon, 27 Jul 2015 08:00:00 -0400

PARIS - A German Catholic diocese wants to take episcopal responsibility to a new level by making its disgraced former “bishop of bling” responsible for the 3.9 million euros ($5.5 million CAD) in losses incurred during the luxury makeover of his residence and office.

Vatican looks under the cushions and finds $1.3 billion in assets

Thu, 16 Jul 2015 15:00:00 -0400

VATICAN CITY - The Holy See is more than a billion dollars richer than previously known and the Vatican turned a 2014 profit of CDN $53.4 million, according to figures released on July 16.