Current:Home > FinanceCanadian autoworkers ratify new contract with General Motors, leaving only Stellantis without deal -Core Financial Strategies
Canadian autoworkers ratify new contract with General Motors, leaving only Stellantis without deal
View
Date:2025-04-23 06:13:35
TORONTO (AP) — Canadian autoworkers have voted to ratify a three-year contract agreement with General Motors.
Members of Unifor, the union representing about 4,300 Canadian workers at three Ontario GM facilities, voted 80.5% in favor of the deal, the union said Sunday in a statement.
The vote followed the pattern of an agreement reached earlier with Ford, and it leaves only Jeep maker Stellantis without a contract. Talks have yet to start with Stellantis, which has the largest Canadian manufacturing footprint of Detroit’s three automakers.
The GM agreement came after a brief strike last week by the workers at GM factories in Oshawa and St. Catharines, Ontario, and a parts warehouse in Woodstock, Ontario.
GM says in a statement that the deal recognizes worker contributions while positioning the company to be competitive in the future.
Unifor said that the deal includes pay raises of nearly 20% for production workers and 25% for skilled trades. Workers would get 10% in general pay raises in the first year, with 2% in the second and 3% in the third. The company also agreed to restore cost-of-living pay raises starting in December of 2024. Temporary workers would get pay raises, and those with at least one year of service would get permanent jobs.
Workers who get defined-contribution retirement plans will move to a new defined-benefits pension on Jan. 1, 2025.
Unifor is Canada’s largest in the private sector union, with 315,000 workers in many industries.
In the United States, strikes continue by the United Auto Workers union with nearly 34,000 workers off their jobs at all three Detroit companies.
veryGood! (718)
Related
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Who is Las Vegas Raiders' starting QB? Aidan O'Connell could give way to Brian Hoyer
- Washington state college student dies and two others are sickened in apparent carbon monoxide leak
- Is a soft landing in sight? What the Fed funds rate and mortgage rates are hinting at
- Rylee Arnold Shares a Long
- Switzerland’s Greens fail in a long-shot bid to enter the national government
- New Hampshire attorney general files second complaint against white nationalist group
- Body in Philadelphia warehouse IDed as inmate who escaped in 4th city breakout this year
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Ellen DeGeneres Reflects on One of Her Final Trips with Stephen “tWitch” Boss on Anniversary of His Death
Ranking
- Could your smelly farts help science?
- Pregnant Sienna Miller Addresses 14-Year Age Gap With Boyfriend Oli Green
- New Mexico Supreme Court weighs whether to strike down local abortion restrictions
- Court upholds judge’s ruling ordering new election in Louisiana sheriff’s race decided by one vote
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Fed holds rates steady as inflation eases, forecasts 3 cuts in 2024
- Wisconsin schools superintendent wants UW regents to delay vote on deal to limit diversity positions
- Hunter Biden defies House Republicans' subpoena for closed-door testimony
Recommendation
Questlove charts 50 years of SNL musical hits (and misses)
'Reacher' Season 2: Release date, cast, how to watch popular crime thriller
Man allegedly involved in shootout that left him, 2 Philadelphia cops wounded now facing charges
Kishida says he regrets a ruling party funds scandal and will work on partial changes to his Cabinet
Trump wants to turn the clock on daylight saving time
Gift card scams 2023: What to know about 'card draining' and other schemes to be aware of
Albania’s Constitutional Court blocks Parliament’s ratification of deal with Italy on migrants
You'll Want Another Look at Bradley Cooper's Reaction to Lady Gaga Attending Maestro Premiere