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Canadian Wheat to Be Shipped to Israel; Arrangements Completed

November 10, 1955
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Arrangements have been completed for a further shipment of 10,000 long tons of Canadian wheat to be shipped from the port of Vancouver on the Pacific Coast, as part of the transactions of the Canada-Israel Corporation. This will bring to $6,000,000 the volume of purchases financed by the corporation headed by the Canadian philanthropist Samuel Bronfman, during the past four years.

The company was established by the Canadian Jewish Congress and the Zionist Organization to stimulate trade between Canada and Israel. One of its recent achievements has been the procuring of Canadian-government-guaranteed credit to finance these export transactions. Within recent weeks a further credit arrangement for $2,800,000 has been made on more liberal terms than before.

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