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FCA, Unifor Reach Tentative Labor Pact in Canada
Fiat Chrysler Automobiles NV and Canada’s Unifor labor union have reached a tentative settlement on a new four-year labor contract covering 9,800 FCA workers at three factories in Ontario.
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Fiat Chrysler Automobiles NV and Canada’s Unifor labor union have reached a tentative settlement on a new four-year labor contract covering 9,800 FCA workers at three factories in Ontario.
The deal averted a midnight strike. Unifor President Jerry Dias says FCA has agreed to new investments worth C$325 million ($245 million) to replace the aging paint shop at its assembly plant in Brampton.
The deal reportedly also sets wage, benefit and bonus in line with those reached last month in a four-year pact with General Motors Co. GM workers are to receive C$6,000 signing bonuses, 2% raises in the first and fourth years and lump sum payments in years two, three and four.
The GM contract includes C$554 million (US$421 million) in new investments. Unifor said earlier this year that “stabilizing” the shrinking Canadian auto industry was a top priority.
Chrysler workers in Canada will vote this weekend whether to ratify the contract. Unifor will then turn on Oct. 17 to negotiations with Ford Motor Co.
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