WASHINGTON – The Irish Catholic Bishops' Conference and Caritas India are among 19 Catholic institutions that have decided to divest from the fossil fuel industry.
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Over the next 12 years the federal government promises to raise 2.1 million Canadians out of poverty and take Canada’s poverty rate from one in every eight Canadians to one in every 17 by 2030.

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OTTAWA – Anti-poverty advocates are disappointed that Ontario’s new Conservative government intends to cancel the province’s basic income pilot project, arguing that the study is important to help reduce poverty far beyond the province.

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A new report from the Angus Reid Institute showing poverty may be a bigger problem than official statistics indicate is ramping up pressure on Ottawa to unveil a federal poverty reduction strategy.

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VATICAN – The Institute for the Works of Religion, commonly known as the Vatican bank, seeks to follow Catholic ethical practices in investments, according to its latest annual report.
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VATICAN – Financial and economic decisions -- everything from where a family chooses to invest its savings to where a multinational corporation declares its tax residence -- are ethical decisions that can be virtuous or sinful, a new Vatican document said.
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VATICAN CITY - Vatican judicial authorities are investigating the former president and former treasurer of its Bambino Gesu pediatric hospital in a case involving the financing of remodelling work on the Vatican apartment where Cardinal Tarcisio Bertone lives.

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A recently launched capital campaign at St. Malachy’s Church on Prince Edward Island is getting a helping hand from outside the parish community.

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PARIS - A German Catholic diocese wants to take episcopal responsibility to a new level by making its disgraced former “bishop of bling” responsible for the 3.9 million euros ($5.5 million CAD) in losses incurred during the luxury makeover of his residence and office.

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VATICAN CITY - The Holy See is more than a billion dollars richer than previously known and the Vatican turned a 2014 profit of CDN $53.4 million, according to figures released on July 16.

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ABOARD THE PAPAL FLIGHT FROM PARAGUAY - Before arriving in the United States in September, Pope Francis said, he will study American criticisms of his critiques of the global economy and finance.

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ATHENS, Greece - A Greek archbishop said he was hopeful for a last-minute deal to save his country from bankruptcy.

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VATICAN CITY - The mission-oriented agencies of the Church must guard against operating like nongovernmental organizations, empty of Christ's presence, Pope Francis said.

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PHILADELPHIA - Archbishop Vincenzo Paglia, the head of the Pontifical Council for the Family and lead Vatican organizer of September's World Meeting of Families in Philadelphia, is under investigation by Italian prosecutors for alleged embezzlement.

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VATICAN CITY - The Vatican's financial watchdog agency conducted its first routine on-site inspection of the Vatican bank to verify its compliance with regulations to prevent money laundering and the financing of terrorism.

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