A tentative agreement reached just minutes before a deadline has prevented a potential strike by 9,750 workers at Fiat-Chrysler‘s operations across the province.
Unifor president Jerry Dias (pictured) confirmed Tuesday morning that the four-year deal was brokered shortly before a strike deadline of 11:59 p.m. Monday night.
Admitting it was “one very difficult set of negotiations,” Dias said the deal is similar to the one reached with General Motors on September 20th.
GM workers ratified that deal, which includes a two per cent wage increase this year and another two per cent increase in the fall of 2019. The deal also features a $6,000 signing bonus in addition to lump sum bonuses of $2,000 in each of the next three years to most employees.
The company also committed to improvements to benefits, hiring practices, and investing $554 million in its Canadian operations.
Dias notes the Fiat-Chrysler deal includes a $325 million investment at an assembly plant in Brampton, as well as a promise to upgrade an old paint shop at the facility.
The document also protection for jobs at the Fiat-Chrysler casting plant in Etobicoke that are threatened by the company’s decision to discontinue building the Chrysler 200 and the Dodge Dart.
Employees at Fiat-Chrysler‘s operations in Brampton, Windsor and Etobicoke will vote on the tentative agreement on Sunday.
If approved, the union plans to immediately hold talks with Ford, which is the last of the so-called Big Three automakers.