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The article discusses the economic condition of the gross national product (G.N.P.) in Canada. It mentions that Toronto Stock Exchange has listed a lost of 5 billion dollars in paper values since the June market whereas the key industries in the country have felt the impact of the economic crisis such as automobile companies, and newsprint production. Meanwhile, the Conservative government in Ottawa has worked on numerous economic remedies such as government cash advances on stored grain.

The article focuses on the inclination of Liberals in Canada towards a pipeline network. It states that the Liberals have pushed legislation for a pipeline that would bring in natural gas throughout Canada from the fields of Alberta. It says that the Liberal government approved the construction of the Northern Ontario section of the Trans-Canada Pipe Lines Ltd. Meanwhile, over a quarter of billion dollars in stocks was collected by the supporters of the pipe network.

The article reveals how Canada's economy has expanded since World War II with discoveries of iron ore, nickel and copper, with the biggest boom happening in Alberta's oil industry. It narrates how new oil fields were developed across the province after oil from Imperial Oil Ltd.'s Leduc Number 1 pipeline gushed out from an Alberta plain. It adds that the 2 billion barrels in reserve are the first among Alberta's oil where more are still to be uncovered within its sea, lakes and mountains.

The article explains how Bill and Florence Mulligan and their children became wealthy overnight when oil was found on their land. It states that the family lives in Bon Accord, Alberta, and that they were so poor their children had to hire themselves out in return for borrowing farm equipment to maintain their land. In April 1950, however, oil was found on their land, earning them 40,000 to 50,000 dollars, with a potential stipend of 800 dollars weekly. The family now have their own farm equipment, and have traveled throughout Canada and the U.S.