CEF/DIL: The 2018 ABC District Convention Workbook

Reading through the 2018 ABC District convention workbook, I see that 3.5 years, millions of dollars of professional services fees, multiple court proceedings, and an ASC action which conclusively point to a different conclusion, the ABC District is still peddling the "funding shortfall" story. From the President's Report: Faced with a funding shortfall, the Alberta-British Columbia... Continue Reading →

CEF/DIL: Reviewing the District’s Letter with a Critical Eye / Part 2

This article is reviewing a letter by District President Schaeffer to the members of the ABC District. Part 1 covered the introduction and the three major points of the letter, this article will address the closing paragraphs, and the concluding article will have some closing thoughts. In a complex financial situation as that faced by... Continue Reading →

CEF/DIL: Lutheran Church investors eager for resolution in alleged securities violations

From Alberta Lutheran Church investors eager for resolution in alleged securities violations By MADELINE SMITH StarMetro Calgary Mon., Aug. 13, 2018 CALGARY—Lutheran Church members in Alberta and B.C. are waiting for answers as the Alberta Securities Commission moves ahead with a hearing to examine accusations of misleading investors in a church-directed fund. The ASC has alleged that the... Continue Reading →

CEF/DIL: ASC Hearing Date Set

LCC's ABC District and various people involved in the CEF/DIL debacle will be required to explain themselves to the government this coming May 2019 - nearly 9 months from today. I haven't seen an official announcement from the ASC yet so it looks like CTV had someone keeping a close eye on developments. CTV's article... Continue Reading →

CEF/DIL: When Silence Becomes Assent

On Jan 2015 when ABC District entered CCAA protection the world as LCC's membership knew it was turned upside down. In the time since then, the ABC District Task Force, the CEF Representative Action, and now the ASC have all painted the same picture in different ways - over the course of years District had misled church members... Continue Reading →

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