The union representing workers at Ford Motor Co. facilities in Canada says its tentative deal with the company includes 'transformative' gains, with one observer suggesting significant wage increases are likely.
The union representing workers at Ford Motor Co. facilities in Canada says its tentative deal with the company includes"transformative" gains, with one observer suggesting significant wage increases are likely.
The three-year tentative deal covers more than 5,600 workers at Canadian Ford facilities. It includes members at Ford’s Oakville assembly plant, Annex and Essex engine plants in Windsor, Ont., along with its parts distribution centres in Brampton, Paris and Casselman in Ontario and in Leduc, Alta. "I think the wage increases are going to be significant in that deal," he said."Payne probably made some inroads on the investments in EV transition ... and would be able to announce guaranteed investments for the transition to electric vehicles."
The formal negotiations between Unifor and the Detroit Three opened on Aug. 10 in Toronto — coming at a time when the rising cost of living and inflationary pressures continue to hamper financial security among Canadians. The last round of Detroit Three contract negotiations in 2020 led to billions of dollars of investment commitments from the automakers. Unifor has said increased momentum on the transition to electric vehicles has brought total promised spending across all of Canada's auto sector to around $25 billion in the past three years.
He said the current strike in the United States is having a significant effect on manufacturers, creating another headwind for an already slowing Canadian economy.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canadian union says negotiations with Ford are continuingUnifor's contract with Ford covering 5,600 workers at three plants expired at 11:59 EDT on Monday (0359 GMT on Tuesday), but there was no immediate update from the union on whether it would call for a strike. Unifor postponed a planned midnight webcast after posting the update on negotiations on social media platform X. Hours earlier, Unifor National President Lana Payne said in a video posted on the union's website that Ford needed to do more to meet members' expectations and demands.
Read more »
Canadian union says negotiations with Ford are continuing(Reuters) - Canada's Unifor union said late on Monday that contract negotiations with Ford Motor were continuing and advised members to remain on shift ...
Read more »
Canadian union says negotiations with Ford are continuing(Reuters) - Canada's Unifor union said late on Monday that contract negotiations with Ford Motor were continuing and advised members to remain on shift ...
Read more »
Canadian union extends deadline in talks with FordDETROIT (Reuters) -A Canadian union early on Tuesday extended its deadline in labor talks with Ford in an effort to reach a contract deal, even as the ...
Read more »
Unifor reaches tentative deal with Ford Motor Co. to avert strikeUnifor says it has reached a tentative deal with Ford Motor Co. that could avoid workers going on strike.
Read more »
Ford avoids Canadian auto strike with union deal(Reuters) -The U.S. auto sector avoided more pain as Ford late on Tuesday reached a tentative deal with a Canadian union even as the Detroit Three ...
Read more »