Canada's Unifor Says Members at GM Ratify Collective Agreement

   By Stephen Nakrosis

Canadian union Unifor on Monday said its members at General Motors Co. facilities in St. Catharines, Oshawa and Woodstock voted to ratify a new three-year collective agreement.

The union said the new agreement includes a 5% increase to their hourly rate, a productivity and quality bonus, inflation protection bonuses, improved benefits, shift premiums, and restoration of the 20% differential for skilled trades.

GM and the union will also create an anti-racism action plan and will "establish a new Racial Justice Advocate in the workplace."

Jerry Dias, Unifor's national resident, said "This contract solidifies and boldly builds on GM's Canadian footprint, with a $1.3 billion dollar investment that brings 1,700 jobs to Oshawa plus more than $109 million to in-source new transmission work for the Corvette and support continued V8 engine production in St. Catharine."

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

November 09, 2020 13:57 ET (18:57 GMT)

General Motors (NYSE:GM)
Historical Stock Chart
From Mar 2024 to Apr 2024