I disagree with staying Catholic - going Protestant is very profitable (at least in the short term), and will net you two big bonuses in going colonial, in addition to the historical accuracy. And as England it is historical - England went protestant, if I recall my English History right, in about 1530-32, with a short relapse into Catholicism in the mid 1550s (perhaps 5-6 years at most). Certainly by the time Queen Elizabeth came to power (1558), England was known as a Protestant nation.
First, of course, is the colonists you get every year for being protestant.
Second - and this you might not have noticed yet - is the Treaty of Tordesillas. By this treaty (more of a game rule, actually) Spain and/or Portugal can seize certain colonial territories without even attacking them - simply by sending in an army. You don't need to worry about this quite yet, as it does not apply to most of North America's mainland (it only applies to Savannah and the Gulf Coast provinces, including Florida). But the big benefit here... it also DOES NOT APPLY if you are not Catholic! So if you go Protestant, all of your colonies are forever protected from seizure under the Treaty of Tordesillas rule. (You can still lose them, but only in wars.)
First, of course, is the colonists you get every year for being protestant.
Second - and this you might not have noticed yet - is the Treaty of Tordesillas. By this treaty (more of a game rule, actually) Spain and/or Portugal can seize certain colonial territories without even attacking them - simply by sending in an army. You don't need to worry about this quite yet, as it does not apply to most of North America's mainland (it only applies to Savannah and the Gulf Coast provinces, including Florida). But the big benefit here... it also DOES NOT APPLY if you are not Catholic! So if you go Protestant, all of your colonies are forever protected from seizure under the Treaty of Tordesillas rule. (You can still lose them, but only in wars.)