Wage gains for members include a two-year reduction in the contentious 10-year wage grow-in period, two CND$2,000 “inflation protection” bonuses, a CND$7,250 “productivity and quality bonus” and two general wage increases of 2.5 percent for workers at the full pay rate, according to the Canadian union.
The agreement, which still must be ratified by workers, calls for a $1.35 billion retooling for the automaker’s Oakville, Ontario, assembly plant to build electric vehicles, the union said. Unifor will bargain with Fiat Chrysler Automobiles next.
The extension temporarily averts a potential strike by about 6,300 workers, though Unifor would be in a legal position to do so on Tuesday. Talks have focused extensively on product plans for the automaker's Oakville, Ontario, plant.
The Toronto Star reported that the federal government is willing to offer the automaker about $380 million to help retool its Oakville, Ontario, assembly plant to produce electric vehicles. The union has not commented on the report.
With Ford, the union seeks long-term product commitments at its plant in Oakville, Ontario, following a report from the forecasting firm AutoForecast Solutions that stated the factory would not build the next-generation Edge. Ford neither confirmed nor denied that report.
The petition calls on the union to “publish all revisions, additions, deletions and changes to the contract, clearly marked,” on its website. Advocates of the change say the current ratification process isn't transparent enough without the entire contract being presented before a vote.
The dealership group reported a net loss of $20.1 million (CDN) in the second quarter as the COVID-19 pandemic sent the retail sales plummeting in April and May, offsetting gains made in Canada in June as stores reopened. The company's U.S. unit reduced its net loss from a year ago.