Canada union says Ford, Fiat on notice on investment after GM deal

(Adds detail on size of investment, analyst comment)By Allison Lampert A tentative labor deal with General
Motors Co sends a clear signal to Ford Motor Co and
Fiat Chrysler that Canada’s autoworkers union is
determined to secure new investment in local plants, the union’s
president said on Tuesday.The deal includes pension concessions by the union, Unifor,
and a rare shift in work from Mexico to an Ontario facility,
averting a strike that would have shut some of GM’s Canadian
plants and affected some top-selling vehicles, such as the
Chevrolet Equinox.Under pattern bargaining, the first deal typically sets a
template for the other automakers’ contracts. A second target
company will be selected shortly.”We have been absolutely straightforward with the automakers
that we want investment in Canada,” Unifor National President
Jerry Dias said in an interview. “This shows that to the other
companies.”Unifor wants Ford to keep …
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