Analysts Set Ternium SA (TX) Price Target at $38.00 | Hot Sale Galvanized Steel Pipe Price

31 – A deal was reached for a consortium to buy the Hudson Bay Railway and repair the only land link to the northern Manitoba community of Churchill. The community had been forced to fly in food and fuel since the rail line was damaged by flooding in May 2017 and Denver-based owner Omnitrax said it could not afford repairs. The Arctic Gateway Group consortium included several northern communities, Fairfax Financial Holdings and AGT Food and Ingredients. The federal government had earlier committed $74 million to help repair the rail line and $43 million over 10 years to subsidize railway operations.

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30 – Canada and the United States reached an agreement on a new North American trade pact at the 11th hour before a deadline to get the text before the existing U.S. Congress. It came after weeks of bitter, high-pressure negotiations and after the U.S. had already reached a deal with Mexico. If ratified by all three countries, the replacement for NAFTA would usher in key changes for the agriculture and automotive sectors, including granting the U.S. access to 3.6 per cent of the Canadian dairy market. It would also help Canada avoid the threat of punishing American tariffs but U.S. duties already in place on Canadian steel and aluminum imports remained in place.

Albina Co. Inc. is celebrating 80 years in the steel bending industry. Located outside Portland, Ore., the family-owned and -operated, third-generation business offers structural steel, tube, and pipe bending; plate rolling; and fabrication. The company, founded in 1939 and currently led by President Brian Smith, produces almost any metal component that needs to bend or curve without the use of preformed fittings.

18 – A judge ruled a Quebec trucker’s prolonged inattentiveness triggered a horrific crash on an Ontario highway that left four people dead and several others injured. Mohinder Saini was convicted of four counts of dangerous driving causing death after his transport truck plowed into 20 vehicles that were slowed and stopped in a construction zone on Oct. 2, 2015.

Another function of the machine is Active Speed, a function that automatically modulates the cutting parameters to always obtain the best possible cutting results. For cutting complex shapes, where once the expertise of an experienced operator was necessary, now the Active Speed has simplified the process and hence anyone can obtain good cutting results.

21 – After more than a week of expressing worsening upset about China’s arrests of two Canadians, Foreign Affairs Minister Chrystia Freeland formally demanded that Michael Kovrig and Michael Spavor be let go. “We are deeply concerned by the arbitrary detention by Chinese authorities of two Canadians earlier this month and call for their immediate release,” Freeland said in a written statement.

2 – Two paramedics accused of failing to properly care for a 19-year-old Good Samaritan in Hamilton, Ont., were charged with failure to provide the necessities of life to Yosif Al-Hasnawi. He died after being shot on Dec. 2, 2017 when he tried to help an older man who was being accosted outside his mosque.

12 – Rafael Nadal beat Stefanos Tsitsipas to win the Rogers Cup men’s singles tennis tournament in Toronto. It was the fourth Rogers Cup title for Nadal.

LB is owned 51% by a black industrialist, 26% by Marine Civils and 23% by the Industrial Development Corporation (IDC).

20 – President Donald Trump announced plans to withdraw the U.S. from a nuclear arms pact with the former Soviet Union. Trump said Russia was violating the 1987 Intermediate-range Nuclear Forces Treaty and preventing the U.S. from developing new weapons. Former Soviet president Mikhail Gorbachev said the withdrawal would undermine efforts to achieve nuclear disarmament. On Dec. 4, the Trump administration announced it would begin the formal process to scrap the treaty within 60 days unless Russia returned to compliance with its terms.

“If Eskom reduces its required capex and improves working capital management, this will limit its funding requirements to reasonable levels. This can ultimately lead to lower expected interest costs than projected in 2018/19.