[en] The TRIUMF KAON Factory is designed to produce beams of kaons, antiprotons, other hadrons and neutrinos 100 times more intense, or cleaner, than are available now, for a broad range of experiments in particle and nuclear physics. This will require a 100 μA beam of 30 GeV protons, to be produced by an interleaved sequence of two fast-cycling synchrotrons and three storage rings, with the existing TRIUMF H^- cyclotron as injector. An $11-million preconstruction study has enabled the overall design to be reviewed and prototypes of various accelerator components to be built and evaluated. Environmental, industrial and economic impact studies have also been completed. Payment of one-third of the total cost of $708 million (Canadian) has been approved by the government of British Columbia; a further third is expected from international sources, on the basis of inter-governmental consultations. A decision on the final third is expected from the government of Canada before the end of 1990. (Author) (15 refs., 7 figs.)