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Ontario to Invest $130 Billion in Infrastructure

Ontario is moving forward with its plan to build opportunity and security for the future. The 2014 Ontario Budget tabled by Minister of Finance Charles Sousa takes immediate action to create jobs by investing in a highly skilled workforce, building modern infrastructure and transportation networks, and supporting a dynamic and innovative business climate.

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Nonmetallic Mineral Products Index Increases

The nonmetallic mineral products leading index increased 1.0 percent to 238.1 in June from a revised 235.7 in May, and its six-month smoothed growth rate increased to 5.4 percent from a revised 4.0 percent in May, according to USGS.

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Lafarge Slag Cement Used at One World Trade Center

Taking advantage of innovative construction materials, the 104-story, 1,776-ft. One World Trade Center tower is designed to be the safest and most environmentally friendly commercial building in the world, according to Lafarge.

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June Construction Jumps 6 Percent

New construction starts in June advanced 6 percent to a seasonally adjusted annual rate of $549.7 billion, the highest level so far in 2014, according to McGraw Hill Construction, a division of McGraw Hill Financial. Nonresidential building strengthened after pulling back in May, with the lift coming from the start of several large manufacturing plant projects. Modest gains in June were also reported for housing and nonbuilding construction (public works and electric utilities). New highway construction starts in June improved 6 percent.

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