Employees vote in favour of a four-year collective bargaining agreement
that improves the competitiveness of the Canadian operations and
creates more than 600 new jobs in Canada over the term of the agreement
A third shift added to the body, paint and pre-trim departments along
with additional insourced work at Oakville Assembly Complex will create
approximately 300 jobs
Plans to produce a product based on a new global platform at the
Oakville Assembly Complex have the potential to add more than 300
Ford of Canada's Windsor operations receive additional machining work,
generating approximately 35 new openings
Base wages remain frozen throughout the life of the contract which
expires Sept. 19, 2016, and covers more than 4,500 CAW-represented
employees at Ford operations
Significant costs-savings are realized through an unprecedented
compensation structure for new employees
OAKVILLE, ON, Sept. 23, 2012 /CNW/ - Ford Motor Company of Canada,
Limited and the Canadian Auto Workers (CAW) have locked in a four-year
collective bargaining agreement after employees endorsed the deal in
votes held today.
The new contract includes new job opportunities at Ford's Canadian
operations and significant cost-savings for the company.
"By becoming more competitive in our labour costs, we are better
positioned to support the growth of the Canadian economy and to provide
new job opportunities," said Stacey Allerton, vice president of Human
Resources at Ford of Canada and the company's lead labour negotiator.
"For every auto job in Canada, multiple supporting jobs are created,
and both the company and our employees view that opportunity and
responsibility very seriously.
"At Ford, we are proud to be Canada's longest-established automaker,"
Allerton added. "We have employed thousands of Canadians during our 108
years here, and Ford remains committed to building a strong future in
Key to establishing a more competitive future for the Ford plants is a
first-of-its-kind compensation structure for new employees in Canada.
Employees hired after today will start at a lower wage than current
employees and have a combination defined benefit and defined
contribution pension plan. After 10 years, the employees 'grow-in' to
the same pay structure as the more senior employees and earn the same
Other highlights of the agreement include:
Employees covered by the agreement receive a $3,000 signing bonus
Cost-of-living allowances are suspended until June 6, 2016, and are
replaced with a $2,000 lump sum payment in the first three years of the
Long-term care provisions are capped at $800 per month for new
Prescription drug plan updated to reduce costs
Current pension levels are maintained for all retirees
Retirement incentives will be offered to certain employee groups to help
create opportunities for laid-off employees to return to work
Increased operational flexibility to better meet customer demand
About Ford Motor Company of Canada, Limited
Ford of Canada's operations include a national headquarters, three
regional offices, two branch offices, three vehicle assembly and engine
manufacturing plants, and two parts distribution centres. Ford employs
approximately 6,000 people in Canada, while an additional 18,000 people
are employed in the more than 400 Ford and Ford-Lincoln dealerships
across the country. For more information, please visit www.ford.ca.
For news releases, related materials and high-resolution photos and
video, visit www.media.ford.com.
SOURCE: Ford of Canada
For further information:
(905) 845-2511 ext. 1161