Bank Head Praises Israel
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Bank Head Praises Israel

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Leo Lavoie, chairman of the Provincial Bank of Canada, who returned from Israel a few days ago, said that those in the Third World who were discouraged by the enormity of developing their economies and social structures should look at Israel where gardens have replaced sand and stone and cities have replaced the desert. “In this land of Biblical miracles a modern miracle is being carried out,” he said.

Lavoie made that statement Monday night at an Israel Bond Organization award dinner at the Shaar Hashashomyim Synagogue in Westmount where he was presented with the Eleanor Roosevelt Humanitarian Award by Israel Consul General Zvi Caspi. The Provincial Bank has been instrumental in selling Israel Bonds to the French Canadian market for a number of years.

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