Finance Department
We are committed to serving our churches by providing timely financial counsel, service and information and downloadable forms relating to church financial matters. Contact the Director of Finance in our District Office if you have additional questions.
Loan Development Fund
The two purposes of the Canadian Pacific District Loan Development Fund are:
- To provide low interest loans to the Canadian Pacific District Churches in the purchase of church property or buildings, or for church renovations. For information on the current interest rate contact the Director of Finance.
- To provide to "Investors" a higher rate of interest than conventional bank rates on similar short-term investments. For information on the current interest rate contact the Director of Finance.
Choose one of the downloadable forms for additional information, or to apply:
- Church Loans Information (link coming soon)
- Investor Information (link coming soon)
- Loan Development Fund Agreement Application
Remittance Procedures
District Operating Budget (DOB) Assessment
From the inception of the Canadian Pacific District, District Conferences have a approved a financial assessment from all churches to fund the supporting services and operating costs of the District. This is often referred to as the "DOB" Assessment" or it is also referred to as the "DOF" (District Operating Fund) for the internal accounting designation.
The current assessment that churches are required to submit is 2.5% of their undesignated general fund giving. As offerings are given to the "General Fund" of each local church, the Treasurer or bookkeeper will compute the amount and normally remit this to the District Office on a monthly basis for the previous month's giving.
A remittance form is provided for use by the church in submitting their DOB. For further information, contact the Director of Finance. All other remittances are invoiced to the church.
Publications and Links
This is a resource section for some of the miscellaneous documents and sites that may be of service to your financial department. Many of the documents found here, can also be found within the downloadable resources section of this website.
2008 Liability Insurance (password required)
Clergy Residence Deductions from CRA
New Clergy Residence Payroll Requirements - An Important Update from Finance Matters
Short Term Missions Receipting (F-4 in the District Manual)
2009 Payroll Deductions Online Calculator