Wage gains for members include a two-year reduction in the contentious 10-year wage grow-in period, two $2,000 “inflation protection” bonuses, a $7,250 “productivity and quality bonus” and two general wage increases of 2.5 per cent for workers at the full pay rate, according to the union.
The Automotive Parts Manufacturers' Association says the investment shows that Canada can position itself to produce EVs as more of them come online and provides proof that the United States-Mexico-Canada Agreement’s regional content requirements work when it comes to spurring domestic investment.
The Toronto Star reports the federal government is willing to offer Ford $500 million to help retool the Oakville, Ont., plant to produce electric vehicles while Unifor maintains radio silence. Meanwhile, Ontario says it will “closely monitor” talks, and one auto forecaster says moving Ford EV production to Canada could be complicated. But, the APMA says the supply chain is ready to support EV production while Premier Doug Ford touted the province's natural resources. Live updates.
Unifor and Ford Motor Co. remain “miles apart” in bargaining as Monday’s contract expiration looms, according to union president Jerry Dias. But Ford COO Jim Farley, who will take over as CEO on Oct. 1, said discussions with Unifor were “going great.”
Organizers have submitted a petition to Unifor leaders demanding that they disclose the full contents of tentative contracts with the Detroit automakers ahead of ratification votes. Unifor President Jerry Dias says he won't be dealing with petition and has kicked it down the chain of command, to local union leaders.
Talk with many Canadian suppliers and you’ll hear excitement about what the coming years could bring to the industry as new regional content requirements for the USMCA. But talk to auto forecasters and they say it's not impossible to envision a Canada in which the Detroit Three no longer assembles vehicles.