CANADA: Pipeline Gamble

Canada's most violent political storm in two decades blew itself out last week. Three weeks of bitter debate, marked by some of the wildest scenes ever witnessed in the staid Canadian Parliament, ended with the passage of the government's natural-gas pipeline bill (TIME, May 21) just six hours before the deadline for starting work on the project this year.

Under the bill's terms, the Canadian government will lend up to $80 million to the U.S.-controlled Trans-Canada Pipe Lines Ltd. to launch one of the biggest and riskiest construction projects ever undertaken in Canada. The company will begin building the world's...

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