MONTREAL (Jul. 11)
Thomas O.Hecht president of the United Israel Appeal of Canada has announced that it will embark on a vigorous program to ensure the centrality of the UIA in Canada as the main Israel fund-raising organization Hecht was recently elected president of Canadian UIA succeeding Gordon Brown of Montreal. Hecht also announced that Canadian Jewry will build two new absorption centers in Israel to meet the needs resulting from massive immigration to Israel from the Soviet Union.
The special appeal to be called “Project Canada” will endeavor to raise $4 million over and above regular campaign giving “Project Canada” is being chaired by Arnold Portigal of Winnipeg who was recently elected deputy president of UIA. Hecht is a former chairman of the Combined Jewish Appeal of Montreal and a member of the Assembly of the Reconstituted Jewish Agency.
Mark Moshevitz, president of Israel’s Manufacturers Association, said today in Jerusalem that Israeli industrialists will ask for new price increases as soon as the current 90-day price freeze ends. He said inflation in the United States and Europe has a considerable impact on price rises in Israel. According to Moshevitz, an annual inflation rate of 15 percent is acceptable.