“If The Lord Wills”

Back on December 9, 2019 LCC Board Chair Arnold Drung posted an article to the Candian Lutheran site titled "If the Lord Wills: A Report on Synodical Planning." The choice for this passage is based on the following paragraph: We remember the words of James 4:13-15: “Come now, you who say, ‘Today or tomorrow we... Continue Reading →

CEF: Update from Deloitte

Recently "Repicheep" on the CEF Investor's Forum asked Deloitte where things were given that the parsonage lot and the Tuscany properties since both been sold and the funds were still waiting to be distributed. Joseph Sithole at Deloitte responded as follows: The Alberta securities commission settlement is the reason why the final distribution has been delayed.... Continue Reading →

Sage Properties Divestiture Update

"Sage Properties" is the company that was formed during the ABC District District CCAA process wherein the District's businesses and assets were folded into one corporation with a mandate to clean everything up, sell off the assets, and return as much funds as possible to the CEF depositors. Long story short, there's reason to hope... Continue Reading →

Higgerty Law Weighs in On LCC – ASC Settlement

Higgerty Law represents that CEF depositors in their representative action against the various respondents to the ABC District CEF implosion. Today they posted the following statement to their Lutheran Church Representative Actions web page in response to the LCC ABC District - ASC Settlement. September 17, 2019 The hearing by Alberta Securities Commission (the “ASC”)... Continue Reading →

ASC Hearing Schedule Change

The clock's a-ticking and the start of the ASC hearing is now less than a month away and all the pre-hearing management meetings have been held. The hearing schedule has also been updated - it now starts on Sept 13 instead of Sept 16, and the Sept 17-20 hearing dates have been dropped. The ASC's "status... Continue Reading →

LCC Financial Reporting

When we talk about "Lutheran Church Canada" or any related organizations that fly under the LCC umbrella, one typically thinks of a church endeavoring to advance the work of the faith. The reality is that LCC the Synod, the old Districts, both Seminaries, and every individual church actually has two aspects to its operation - the... Continue Reading →

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