Obviously no one has told the diocese that capitalism doesn’t work any more and, even if it did, that it is fundamentally unChristian.

From the diocesan paper (page 4):

The fund that handles the investments of the Diocese of Montreal has not escaped the impact of conditions in Canadian and world financial markets.

According to a report to the diocesan synod in late October, the net asset value of the Anglican Balanced Fund, a private mutual fund in which the units are owned by the Diocese, certain parishes and related institutions, stood at $27.69 a unit (the equivalent of a share) on August 31, down from $29.33 at the end of 2010 and $28.40 year earlier.

Coincidentally, in the same issue we find a favourable review of Terry Eagleton’s “Why Marx was right”.  I am unsure as to how a revue of a book about Marx found its way into an ostensibly Christian paper other than to note that not only did Marx predict the end of capitalism but that, as could be said of many of Canada’s Anglican clergy: “He was, of course, an atheist; but one does not need to be religious to be spiritual”.

It does go to show that those in charge of diocesan investments should read their own paper, not to mention consult their lefty clergy, Rev. Canon Paul Jennings, Very Rev. Michael Pitts and Rev. James McDermott all of whom visited Occupy Montreal upon which they bestowed their anti-capitalist blessing.