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Knox College Property Agreement
ers. “Knox College has a bold strategic plan to adapt its pro- grams, with an immediate focus on building church vitality within the PCC, and strengthening spir- itual and mental health in the community. The LOI allows us to move forward more quickly with these changes by freeing us from the uncertainty of mainte- nance costs on our building. We can focus on the future.”
“The Knox College building holds fond and deep memories for many of us in The Presbyterian Church in Canada. Around 70% of our ordained ministers today are graduates of Knox,” said the Rev. Stephen Kendall, Principal Clerk, PCC. “Although difficult because of the emotional connection, this decision is grounded in ensuring a strong future for theological education, a central part of our mission as a church. It is in the best interests of both the College and the PCC.”
The LOI has been approved by the Knox College Board of Gov- ernors, the Assembly Council, and the Trustee Board of The Presbyterian Church in Canada, as well as the Business Board of the University of Toronto.
The next step is to finalize the Agreement of Purchase and Sale (APS). It is expected that the sale and leaseback arrangement will be completed by autumn of this year.
  By Knox College in Toronto, Ont.
On March 25, 2022, Knox Col- lege and the University of Toronto signed a Letter of Intent (LOI) in a key step toward the U of T pur- chasing the Knox College proper- ties in the heart of the university campus.
Under the terms of the LOI, the University of Toronto will acquire the Knox College properties for
$45 million, and Knox will lease back the academic wing for the continuing operation of Knox Col- lege as a theological school for The Presbyterian Church in Can- ada for 40 years.
“This is an important opportu- nity that unlocks the value of the Knox College properties. It frees us from the risk of significant deferred maintenance costs in fu- ture years, and allows us to focus
our efforts and resources on ad- vancing theological education for the PCC,” said Dr. John Vissers, Principal, Knox College.
The LOI provides a solid basis for the continuing ecumenical work of Knox College on the Uni- versity of Toronto campus in part- nership with the Toronto School of Theology and the University of Toronto. Knox College will have
ongoing use of the East Wing of the building—the classrooms, of- fices, chapel, and the library—for up to 40 years, so the school will continue to operate in much the same way as it does today.
“Theological education is at a turning point as we train minis- ters and lay leaders to respond to the needs of an increasingly secular society,” said Dr. Viss-
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   VST Award Recipient:
the Rev. Germaine Lovelace
 2022 05 PC Connect 4x7 recruitment.indd
1:52:15 PM
The Rev. Germaine Lovelace, recipient of the T.E.G. Award from the Vancouver School of Theology.
By Ian Sheh, Marketing & Communications, Vancouver School of Theology, B.C.
The Vancouver School of Theol- ogy (VST) has named the Rev.
Germaine Lovelace as the 2022 recipient of the T.E.G. Award, established in 2019 to recognize leading practitioners in Christian ministry. The VST President’s Thoughtful, Engaged and Gen- erous (T.E.G.) Award is an ex- pression of VST’s stature in the wider community, with a strong and growing reputation for lead- ership development, innovation and change. It is not restricted to alumni or affiliates of VST.
The Rev. Lovelace served as Student Minister at Brentwood Presbyterian Church in Burnaby, B.C., before accepting a call to First Presbyterian Church in Ke- nora, Ont., where he was minister for five years. While in Kenora, he also served on the Board of the Kenora Fellowship Centre where he learned so much about what reconciliation looks like.
Germaine served as Modera-
tor of the Presbytery of Winnipeg from June 2016 to June 2018. He currently serves as minister at St. Mark’s Presbyterian Church in Mississauga,Ont.Healsoserves on the Assembly Council of The Presbyterian Church in Canada. Germaine is a member of the Healing and Reconciliation Advi- sory Council of The Presbyterian Church in Canada. He has a deep love for serving people, help- ing people through their strug- gles and sharing the message of Christ’s redeeming grace with everyone.
Prior to his service in Canada, the Rev. Lovelace received his Master of Divinity, a diploma in Ministerial Studies and a Bachelor of Arts in Theology from the United Theological College of the West In- dies. He completed a diploma in Denominational Studies from the Vancouver School of Theology.

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