Shulou(Shulou.com)11/24 Report--

CTOnews.com Unifor, the Canadian auto workers union, voted 54 percent in favor of a new three-year collective agreement with Ford Canada that fundamentally changes pension plans, provides protection during the electric vehicle transition and includes the highest wage increase in Canadian auto negotiation history.

Unifor cites an example: by the end of the three-year collective agreement, a one-year Ford worker will have risen from $25.75 to $46.13 (including cost-of-living allowance, currently about 337 yuan)-a nearly 80 percent increase in wages, in addition to a $10,000 bonus (CTOnews.com notes: currently about 73100 yuan).

Highlights of the agreement include:

During the agreement period, the basic hourly wage for production increased by nearly 20 per cent and that for trade by 25 per cent.

By the end of the three-year agreement, top production assemblers will earn $44.52 per hour, plus an estimated living allowance of $1.61 ($46.13 total); skilled workers will earn $55.97 per hour, plus an estimated living allowance of $1.61 ($57.58 total).

Wages generally rose in each year of the agreement, by 10 per cent in the first year, 2 per cent in the second and 3 per cent in the third.

Currently, Ford production workers in Canada earn $11.00 (35 percent) more per hour than Ford workers in the United States.

Cost of Living Allowance (COLA) reactivated.

Wage progression was reduced from eight to four years.

The starting salary for temporary part-time and production workers increased from $24.26 to $29.67 per hour and further increased to $30.26 over 12 months and to $31.16 by the end of the agreement.

Full-time employees receive productivity and quality bonuses of $10,000, and temporary part-time employees receive $4000 (currently about 29240 yuan).

Improve all pension schemes.

The basic monthly rate of defined benefit for productive workers increased from $68.60 to $73.60, and the basic monthly rate for skilled workers increased from $81.60 to $87.60.

Under the "30 +" pension plan, monthly pensions for productive workers retiring at age 30 will increase from $3545 to $3795 (currently about 27741 yuan). For skilled workers, their "over-30" pension will increase from $3925 to $4225 (currently about rmb 30885).

The mandatory contribution to the DC plan was increased from 4 per cent to 7 per cent. DC plan: set up individual account, employee and employer contribute together, employee is responsible subject and account owner, employer does not guarantee employee's treatment after retirement, retirement treatment level depends on contribution accumulation and investment income.

DC plan members will transition to the new DB-style pension on January 1, 2025 for current plan members and all new employees.

A new quarterly payment unique to Canadian retirees, called the Universal Health Care Benefit. These quarterly payments will continue in each year of the three-year agreement.

Invest in Essex engine plant.

Negotiated special electric vehicle transition measures for Oakville assembly plant members.

Improvements to the Supplementary Unemployment Benefit (SUB) program, increasing income replacement supplements at the time of layoffs from 65 percent to 70 percent of weekly earnings and reducing eligibility from three years to one year.

556 retirement awards, each worth $50,000 (currently about 365,000 yuan).

Two new paid holidays: Family Day and National Truth and Reconciliation Day (Canadian Day).

Major health benefit improvements for active and retired staff, including:

1. Eliminate the $97 quarterly health care deductible;

Increase the maximum coverage of blood glucose monitoring from $1600 to $4,000

Increase the annual cap for massage therapy ($200 to $300) and physical therapy coverage ($200 to $400), and eliminate the requirement for a doctor's certificate.

Improved vision and dental care;

Workers who have completed one year of service (up from eight years previously) can now access the Legal Services Program and the Family Scholarship Program.

Many other health benefits are improved.

The contract expires on September 20, 2026.

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