The key paragraphs:
“He also told Anglican divinity students at the University of Toronto in a closed meeting that he found unacceptable a draft covenant presented to the senior archbishops, or primates, that would allow the communion to boot out member churches deemed to have stepped out of line doctrinally on issues such as sexuality. Such a move would be a first in Anglicanism’s 400-year-old history.
But he rejected a suggestion made earlier by the Canadian primate, Archbishop Andrew Hutchison, that he defer next year’s world gathering of Anglican bishops — the decennial Lambeth Conference — at which differences will be underscored between the liberal wings of Anglicanism and the more conservative churches in the Southern Hemisphere.”
Here is a small bet that this will prompt a “clarification” of elaboration from the Lambeth press office.
Update: Have a look in the comments to see the G&M’s story disputed.