Canada Mulls Church Aid In Sex Abuse Scandal.Hoping to avoid bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most after thousands of costly lawsuits, Canada's three largest Christian denominations List of Christian denominations (or Denominations self-identified as Christian) ordered by historical and doctrinal relationships. (See also: Christianity; Christian denominations). Some groups are large (e.g. learned in June that the Canadian government is considering a plan to help the churches pay part of their enormous debts. Before news of the bailout bailout The financial rescue of a faltering business or other organization. Government guarantees for loans made to Chrysler Corporation constituted a bailout. came, Canada's Catholic, United and Anglican churches faced serious financial difficulties after over 6,000 lawsuits were filed by Indians alleging sexual, physical and cultural abuse at federally funded, church-run residential schools. In June, reports leaked that the Liberal cabinet is contemplating a plan to help the denominations pay a portion of their legal costs. Canada funded 100 now-defunct residential schools, at which approximately 160,000 young Indians attended. Collectively, the lawsuits claim billions of dollars in damages. "We really don't like the word `bailout' because we're quite willing to meet our responsibilities," said United Church of Canada United Church of Canada, Protestant denomination formed in 1925 by the union of the Methodist, Congregational, and Presbyterian churches in Canada. A large number of Presbyterian congregations, however, remain outside the union. spokesman Brian Thorpe Thorpe , James Francis Known as "Jim." 1888-1953. American athlete. An outstanding collegiate football player, he later played professional football and baseball. . "But if Ottawa is willing to help us with our costs, we'd be open to that." |
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