It appears to be a WWII plaque. It is a RCASC plaque to the 3rd Division Infantry Troops Divisional company. The 72 flash is the vehicle recognition sign for this unit and the yellow leaf on the grey background is the 3rd Div vehicle flash.
Thank you for this info, I have uploaded a pic of the entire plaque, as based on the flag arrangement I was under the impression it would be WWI era, but curious if the division you mentioned was established in WWI ?
Yes, the 3rd Canadian Infantry Division was active in the First World War but this hand-painted plaque is definitely from the Second World War. The Flags of France, The Netherlands and Belgium are along the top and the 72 vehicle tactical sign was that for 3rd Division Transport Company. A nice piece.