Unifor Members Ratify GM Canada Deal with Over $1 Billion Investment

Unifor members in Canada have ratified new three-year labor agreements with General Motors (GM), which include a commitment of over C$1 billion in investments into Canadian facilities. The deal secures the production of new products and includes improvements to wages and benefits for workers. The contracts provide for annual 3% wage increases, raising full-rate production wages across GM's operations in Canada. This agreement follows months of negotiations between Unifor and management at General Motors Canada.

By Arundhati Sarkar, SA News Editor · Seeking Alpha ·

Unifor Members Ratify GM Canada Deal with Over $1 Billion Investment

Tickers: $GM

Topics: investments labor agreements wage increases

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