Ever since the Suez crisis of 1956 threatened much of the free world's oil reserves, prospectors have been coming to Canada in droves and pushing out to the unlikeliest corners. Last week Northern Affairs Minister Alvin Hamilton told the House of Commons about the newest "hunting ground: Canada's forbidding Arctic. So far this year, no fewer than ten companies and individuals have applied for the right to explore 60 million acres of coastal waters and arctic island territory north of the Canadian mainland.*
The government will do everything it can to hurry along approval of the applications and speed the prospectors...
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