Ford Approves Deal With Canadian Auto Worker's Union
TORONTO (WWJ) - Canadian auto workers at Ford say "yes" to the new contract that their union leadership negotiated last week.
The deal passed with an 82 percent 'yes' vote, said WWJ's Auto Beat Reporter Jeff Gilbert.
The CAW union said this will assure that Ford's facilities in Canada are well positioned for a strong future. Ford said this improves their competitiveness and creates 600 new jobs.
Canadian auto workers will vote on a new deal with GM on Wednesday and Thursday - the union is still negotiating with Chrysler but hopes to have a resolution by the end of the week.
The Ford and GM contacts cut wages for new hires and freezes pay for current workers -- but it also gives them lump-sum payments to cover inflation and for ratifying the deal.