Wide view alternatively held in canal country (8)
I believe the answer is:
panorama
'wide view' is the definition.
(I've seen this in another clue)
'alternatively held in canal country' is the wordplay.
'alternatively' becomes 'or'.
'held in' is an insertion indicator.
'canal country' becomes 'panama' (I've seen this in another clue).
'or' inserted within 'panama' is 'PANORAMA'.
(Other definitions for panorama that I've seen before include "Overall view" , "'Vista, view (8)'" , "Total view (of subject)" , "Wide view - TV programme" , "Broad view (of BBC TV?)" .)