Assets of nearly$100 Million

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The sanctuary of Notre-Dame-du-Cap in Trois-Rivières belongs among others to the Oblates and is worth close to $ 25 million.

David Prince

Friday, 30 march 2018 01:00

UPDATE
Friday, 30 march 2018 01:00

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Even if religion is in decline in Quebec, the Oblates of Mary Immaculate have assets of approximately $100 million.

According to public documents that charities must remit to the federal government, the Oblates of Mary Immaculate, through their fund Tempier, reported assets of nearly$ 44 Million for the year 2016.

The activities of the organization of the fund Tempier “main purpose and objective is to help members of the congregation of the missionary oblates of Mary Immaculate and the congregation itself,” one can read on their web site, which indicates that the organization has had revenues of$ 2.2 M in 2016.

Buildings

The religious congregation was a part of the monster of the North Shore, Alexis Joveneau, and the father Omer Provencher, also referred to by the collective action of the Innu, is also the owner of buildings in Quebec with a value of nearly$53 Million.

In itself, the sanctuary of Notre-Dame-du-Cap in Trois-Rivières, which is owned by the Oblates with another company, worth nearly$25 Million.

77 cars

The missionary oblates have also several cars, snowmobiles and all-terrain vehicles.

According to a document from 2007 in the Register of personal and movable real rights, the congregation has received 77 cars of the Oblates of Ontario, a group of women religious who have important links with the Oblates.

There are, for example, a Ford Escape, two Honda Civic, and more Chevrolet Malibu.

The Oblates have also yielded four snowmobiles to the Oblates, the only means of locomotion in the Lower North Shore during the winter.

Adding up the assets of the fund Tempier, the real estate value of buildings owned by the Oblates as well as their cars, we can estimate that the total amount of their resources in Quebec is approximately$100 Million.