The Canadian Auto Workers union agreed to indefinitely extend contract talks with GM and Chrysler, while a tentative 4-year agreement was reached with Ford.
Talks with GM and Chrysler will continue today, September 18th, but the union was warned that if talks break down the union has to give a 24-hour notice before it strikes.
“There are so many issues on the table that it would be impossible for GM and Chrysler to respond …with the amount of issues we have on the table in a four hour period,” CAW President Ken Lewenza said.
The CAW announced the talks extension with GM and Chrysler, a short while after it reached a tentative 4-year agreement with Ford, a pattern which will hopefully be adopted by the other two automakers. According to the new agreement Ford will make investments in its Oakville plant in Ohio and will add 600 new jobs over the 4-year period. If the CAW accepts this deal, it will offer Ford 7,000 union workers with three lump sum payments of $2,000 and a $3,000 signing bonus.
“We believe that the tentative agreement offers unique-to-Canada solutions that will improve the competitiveness of the Canadian operations while providing employees the opportunity to earn a good living,” Stacey Allerton, Ford’s vice president, human resources said in a statement.