EconomyEditor's PickNewsUnifor local leadership approves tentative deal with Ford in Canada

2 years ago314 min
imageStock Markets4 hours ago (Sep 27, 2020 10:35AM ET)

(C) Reuters. FILE PHOTO: Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt

(Reuters) – Local union leadership in Canada across all Ford Motor Co (N:F) locals in both trades and production approved the tentative deal reached between Unifor and the company, the union said on Sunday.

Ford will invest C$1.95 billion ($1.46 billion) in its Oakville and Windsor plants in Canada as part of a tentative deal with Canadian autoworkers was announced last week.

The federal government, along with the Ontario government, is willing to invest in turning the Oakville plant over to the production of electric vehicles, an investment that could keep the facility open for years, a government source confirmed on Tuesday.

Ratification meetings are being held on Sunday to consider the tentative agreement’s details and vote results will be made available on Monday, the union said in a statement.

($1 = 1.3384 Canadian dollars)

Unifor local leadership approves tentative deal with Ford in Canada

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