Steps toward financial relief during COVID-19

Please don’t panic. We will get through this, and we are not alone.

Visit United in Learning for upcoming COVID-related finance webinars and recordings and PowerPoints from previous webinars on ways to manage the financial impact of the pandemic on our communities of faith.

Assess Your Situation

  1. Assess your monthly revenue from all sources.
  2. Make a list of all your long-term assets, trust funds, bequests, and investments.
  3. Can you move more members to regular online giving to keep up the cash flow?
  4. Have you approached your providers (utilities, water, Internet) to see if you can get a break?
  5. Can your investments/trust funds cover your costs short-term? No one saw COVID-19 coming, but previous generations and trustees put aside money for a rainy day. This qualifies!
  6. Can you secure a line of credit from your bank to cover your monthly costs? Interest rates are at record lows. No one likes debt, but it is a short-term investment in long-term sustainability. Regular loans may be difficult to obtain, but the Canadian Emergency Bank Account appears to be an attractive option for most charities.
  7. Have you talked to your regional council staff about what advice/support they can offer?
  8. Don’t make hasty decisions—your church’s ministry is needed more than ever. This crisis will pass, and you want to still be standing for your members and your community.

Sustaining Revenue

See Congregational Finances and COVID-19 for ways to encourage stable and reliable financial support from your community.

Short-Term Cashflow Actions

  1. Defer paying the denominational assessment until further notice. If paying by monthly debit, ask to have that suspended by e-mailing . See more on deferring assessments on United Church Emergency Support.
  2. If you have a loan with a church body, ask about having loan repayment deferred or modified. For a national loan, contact  .
  3. If you are renewing your insurance policy, ask to switch from annual billing to monthly debit. We are also asking for extended grace periods.

Seeking Financial Relief

  • Government programs
  • United Church Pandemic Response Bridging Loan: Information on this new program will be posted shortly.

Many of the programs will require or significantly benefit from having online capability:

  • ADP Internet report access
  • CRA MY Account for Business/Charities
  • Online banking capability linked to your operating bank account
  • Online registry with Service Canada

You’ll also need:

  • Required governance approvals as established for your congregation and your region
  • 2019 month-by-month financial data at hand, as well as your 2019 T4 Payroll Summary as filed with the CRA

For More Info

Contact your regional council or

Erik Mathiesen
Executive Officer, Finance
416-231-7680 x4022
1-800-268-3781 x4022