Toronto, Ontario – Canadian Auto Workers Union (CAW) leadership representing production and skilled trades workers at General Motors in Canada have unanimously endorsed a tentative restructuring agreement between the union and the automaker.
The tentative deal still needs a majority of support by roughly 10,000 CAW members at General Motors, who are scheduled to vote at ratification meetings on March 10 and 11.
Over 300 local union and workplace representatives approved the tentative deal, which generates substantial cost savings for the automaker through several initiatives, including a freeze to base wages and pensions, and co-pays on benefits. Cost savings were negotiated by the union as part of the company’s overall restructuring program, in an effort to obtain government financial assistance.
“The overwhelming positive response we’ve received from our leadership shows that they understand the severity of this crisis,” said CAW president Ken Lewenza. “Although we cannot solve the industry’s problems in isolation, we will be part of the solution.”