George Hess, Canadian Minister of Trade and Commerce, announced today that an official Canadian trade mission will leave Ottawa for Israel on March 14 for a two-week visit. The 15-man mission is composed of representatives of outstanding Canadian industries and companies in the various fields, and of Canadian officials. The purpose of the mission is to undertake a basic study of Israeli’ economy with the view to the development of closer economic relations between Canada and Israel.
The 1961 trade increased between the two countries by some 40 percent on both sides compared with 1960. Over the past year, there has been a growing stream of Canadian capital invested in Israel. In November 1961, an official Israel trade mission visited Canada.
The Canadian mission includes representatives of companies in the following fields: metalworking and packaging equipment, producers of compressors and pumps for mining construction, producers of chemical plants, producers of sheet-metal construction products, producers of cement mixers and equipment for concrete products, producers of telecommunication and microwave equipment, lumber manufacturing, auto-motive parts manufacturing and road machinery producers.
Two leading companies of consulting engineers are on the mission, as well as a representative of the Canadian Labor Congress. Eatons, the largest department store in Canada and Steinberg’s, one of the largest supermarkets are also on the mission. From the banking community, there is the assistant general manager of the Bank of Montreal.
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