Current:Home > MarketsCanadian autoworkers ratify new labor agreement with Ford-InfoLens
Canadian autoworkers ratify new labor agreement with Ford
View Date:2024-12-23 11:07:54
Canadian autoworkers ratified a new labor agreement with Ford Motor Co. on Sunday, averting a threatened strike and potentially setting a precedent that could play out in the United Auto Workers’ strike at automaker facilities in the U.S.
The new agreement raises base hourly pay for production workers by almost 20% over three years, and by more than 25% for trade workers, the Canadian autoworker union Unifor said. 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.
Ford did not immediately respond to a request for clarification.
It’s been one week since the United Auto Workers launched historic work stoppages against major car makers. The UAW’s targeted strikes against General Motors, Stellantis and Ford began after the union’s contract with the companies expired at midnight on Sept. 14. At the time, 13,000 workers walked out of three assembly plants.
veryGood! (2353)
Related
- Why Jersey Shore's Jenni JWoww Farley May Not Marry Her Fiancé Zack Clayton
- USA TODAY Sports' Week 1 NFL picks: Will Aaron Rodgers, Jets soar past Bills?
- FAA looks to require cockpit technology to reduce close calls
- Apple, drugs, Grindr
- Burt Bacharach, composer of classic songs, will have papers donated to Library of Congress
- Climate protester glues feet to floor, interrupting US Open semifinal between Gauff and Muchova
- Why Olivia Rodrigo Fans Think Her Song The Grudge Is About an Alleged Feud With Taylor Swift
- Leah Remini Speaks Out After Dangerous Danny Masterson Is Sentenced to 30 Years in Prison
- See Leonardo DiCaprio's Transformation From '90s Heartthrob to Esteemed Oscar Winner
- Peloton Bike Instantly Killed Rider After Falling on Him
Ranking
- Georgia's humbling loss to Mississippi leads college football winners and losers for Week 11
- Kroger to pay $1.2 billion in opioid settlement with states, cities
- As Federal Money Flows to Carbon Capture and Storage, Texas Bets on an Undersea Bonanza
- Prison guard on duty when convicted murderer escaped fired amid manhunt
- Fantasy football buy low, sell high: 10 trade targets for Week 11
- Alabama pursues appeal of ruling striking down districts as racially discriminatory
- Kroger agrees to pay up to $1.4 billion to settle opioid lawsuits
- Sri Lanka’s ruling coalition defeats a no-confidence motion against the health minister
Recommendation
-
New York nursing home operator accused of neglect settles with state for $45M
-
We're Confident You'll Love Hailey and Justin Bieber's Coordinating Date Night Style
-
Rescue helicopter pilot says he heard bangs before fiery crash that killed 2, report says
-
Yosemite's popular Super Slide rock climbing area closed due to growing crack in cliff in Royal Arches
-
NASCAR Hall of Fame driver Bobby Allison dies at 86
-
One way employers drive workers to quit? Promote them.
-
Italy’s government approves crackdown on juvenile crime after a spate of rapes and youth criminality
-
'One Piece' on Netflix: What's next for popular pirate show? What we know about Season 2.