Current:Home > InvestTradeEdge Exchange:Canadian auto workers to target General Motors after deal with Ford is ratified -FutureFinance
TradeEdge Exchange:Canadian auto workers to target General Motors after deal with Ford is ratified
PredictIQ View
Date:2025-04-10 00:35:01
DETROIT (AP) — Canadian auto workers say General Motors will be TradeEdge Exchangetheir next target after members ratified a new three-year labor contract with Ford.
Unifor, which represents about 4,300 workers at three GM facilities in Canada, said Monday it reached a strong deal with Ford and now will try to negotiate a pattern agreement with GM.
President Lana Payne said the union has a lot of bargaining leverage with GM because a factory in Oshawa, Ontario, is working around the clock to build profitable Chevrolet Silverado pickup trucks.
“I don’t expect this to be an easy round of talks, and I want to make sure our union is best positioned to move this pattern forward for the benefit of all members, active and retired,” she said in a statement.
Workers at Ford of Canada ratified a new deal on Sunday that raises base hourly pay for production workers by almost 20% over three years, and by more than 25% for trade workers. It also gives permanent workers a $10,000 bonus and adds a cost-of-living adjustment, a mechanism that adjusts wages in line with inflation.
Ford described the pact as a 15% wage increase over the three year life of the agreement. But, according to the union, that figure doesn’t include compounding of each annual increase or the initial cost-of-living increase, both of which should increase workers’ actual pay.
So far Unifor has been able to avoid going on strike against any of the Detroit automakers, unlike its U.S. counterpart, the United Auto Workers. The UAW has been on strike for 11 days with targeted factory and warehouse shutdowns at GM, Ford and Stellantis, maker of Jeep, Chrysler, Ram and other vehicles.
veryGood! (24557)
Related
- This was the average Social Security benefit in 2004, and here's what it is now
- Princess Beatrice Is Pregnant, Expecting Baby No. 2 With Edoardo Mapelli Mozzi
- Johnny Gaudreau’s NHL Teammates Celebrate His Daughter’s Birthday After His Death
- Man accused of threatening postal carrier after receiving Kamala Harris campaign mail
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Man destroys autographed Taylor Swift guitar he won at charity auction
- Ex-Jaguars worker who stole $22M from team sues FanDuel, saying it preyed on his gambling addiction
- Officials identify driver who crashed into a Texas pipeline and sparked a 4-day fire
- A White House order claims to end 'censorship.' What does that mean?
- Wisconsin Democrats, Republicans pick new presidential electors following 2020 fake electors debacle
Ranking
- The Best Stocking Stuffers Under $25
- WNBA playoff games today: What to know about Tuesday's semifinal matchups
- 'McNeal' review: Robert Downey Jr.’s new Broadway play is an endurance test
- Why was Pete Rose banned for life from MLB? Gambling on games was his downfall
- Stamford Road collision sends motorcyclist flying; driver arrested
- Hailey Bieber Pays Tribute to Late Virgil Abloh With Behind-the-Scenes Look at Her Wedding Dress
- What is distemper in dogs? Understanding the canine disease, symptoms and causes
- Bachelor Nation's Kendall Long Is Pregnant, Expecting First Baby With Husband Mitchell Sagely
Recommendation
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
Mike McDaniel, Dolphins in early season freefall without Tua after MNF loss to Titans
Watchdog blasts DEA for not reporting waterboarding, torture by Latin American partners
Jared Goff stats today: Lions QB makes history with perfect day vs. Seahawks
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Tough choices on Hawaii’s prisons and jails lie ahead, official says
This year’s MacArthur ‘genius’ fellows include more writers, artists and storytellers
'No one was expecting this': Grueling searches resume in NC: Helene live updates