New three-year agreement delivers wage, pension, and benefit improvements for Ford of Canada's Unifor-represented hourly employeesFord announces C$1.25
for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. Ford Motor Company of Canada Limited and Unifor have ratified a new three-year national collective agreement, reinforcing Ford's long-term commitment to Canada.
Pictured are Meredith Keenan , vice-president, Human Resources, Ford Motor Company of Canada, Limited, and Lana Payne , Unifor National President. New three-year agreement delivers wage, pension, and benefit improvements for Ford of Canada’s Unifor-represented hourly employees Ford announces C$1.25 billion in planned investment across its Canadian manufacturing operations through the life of the contract including C$700 million in Essex Agreement reinforces Ford’s 122-year commitment to Canadian manufacturing, including continued investment in Oakville and Windsor/CNW/ — Ford Motor Company of Canada, Limited and Unifor-represented hourly employees have ratified a new three-year national collective agreement, reinforcing Ford’s long-term commitment to Canada.
For 122 years, Ford has been part of the country’s industrial landscape and this agreement continues that legacy by delivering meaningful gains for more than 5,000 Ford-Unifor represented employees.
“This agreement is about investing in our people and Canada’s future,” said Jim Farley, CEO, Ford Motor Company. “With this agreement and our continued investments in Oakville, Windsor and Essex, we’re building on more than a century of manufacturing leadership in Canada and strengthening Ford’s ability to compete and win for years to come. We’re proud to invest in Unifor’s strong leadership and in our outstanding Canadian employees, dealers and customers.
” Added Farley, “A strong, integrated North American manufacturing system is essential to our competitiveness, and a revised USMCA is critical to fending off the cost and currency advantages enjoyed by imported vehicles from Korea and Japan. ” As part of the collective agreement, Ford is announcing C$1.25 billion in planned investment across its Canadian manufacturing operations.
This includes an additional C$700 million to maximize 5.0-litre engine production at Essex Engine Plant , including a forecasted third shift, and to support continued expansion and production of the 7.3-litre engine in Essex. It also includes a previously planned C$550 million at Oakville Assembly Complex over the life of the agreement.9 per cent in general wage increases over the life of the agreement A C$10,000 ratification bonus for eligible full-time permanent employees and C$2,000 for temporary employeesAdjusted starting base wage for new hire wage progression schedule These investments build on Ford’s previously announced C$5 billion which transformed Oakville Assembly Complex into Canada’s Super Duty assembly plant and introduced Ford of Canada’s first-ever stamping operations.
Combined with nearly C$4 billion invested across the company’s Canadian operations over the past decade, these investments reaffirm Ford’s longstanding commitment to Canadian manufacturing, innovation and the communities where its employees live and work.
“The strength of Ford has always been our people,” said Bev Goodman, president and CEO, Ford of Canada. “This agreement recognizes the skill, dedication and contributions of our employees, while reinforcing our shared commitment to Ford’s future in Canada. It positions us to continue investing in our operations, from launching Super Duty at Oakville to growing our engine programs in Windsor and expediting parts delivery to our dealers through our Parts Distribution Centres across the country.
”Ford of Canada’s operations include a national headquarters, three vehicle assembly and engine manufacturing plants, three parts distribution centres, and three Connectivity and Innovation centres. Ford employs approximatelyFord and Ford-Lincoln dealerships across the country.
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