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Ford, Unifor Agreement Recognizes, Rewards Employees; Creates Blueprint For Canadian Automotive Industry Future

Ford of Canada Unifor-represented hourly employees ratify a three-year agreement with major wage, benefit, bonus, and retirement enhancements along with modernized workforce design to support EV future
New agreement includes extended and enhanced income and eligibility during Oakville’s retooling period
Contract also includes additional investment and added capacity at Essex Engine Plant in Windsor, ON
Agreement also contains additional paid time off, significant inflation protection provisions as well as an accelerated wage progression for newer employees

Ford Motor Company of Canada, Limited and Unifor have reached a new national labor agreement providing significant wage increases, bonuses, additional paid time off, retirement enhancements, significant inflation protection provisions as well as an accelerated grow-in period for new hires.

Based on the collective agreement ratified by employees, Ford is enhancing the income maintenance and eligibility during the Oakville Electric Vehicle Centre (OEVC) retooling period, modernizing the workforce design to support the EV future. The contract will also introduce new investment and added capacity at Essex Engine Plant for the 7.3-litre engine in Windsor, ON.

Ford of Canada’s hourly employees also receive historic economic gains, including:

15 per cent in general wage increase over the life of the agreement – the largest uplift in Ford of Canada history and three-times the increase in 2020

A record C$10,000 ratification bonus for full-time permanent employees and $4,000 for temporary employees
Significant increases to retirement programs including raised pension benefit rate and increased contributions
Reduced new hire wage progression period by 50 per cent

“Our Unifor-represented autoworkers are the heart of Ford of Canada,” said Bev Goodman, president and CEO, Ford of Canada. “This contract invests in our talented and dedicated employees, who remain consistently focused on the critical work of assembling our vehicles, building our engines and components, improving customer satisfaction, and expediting parts delivery service to our more than 400 dealers. Together, we are ensuring our Canadian operations continue to deliver with the skills, knowledge, and processes to compete and win.”

About Ford Motor Company

Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with customers to enrich experiences for customers and deepen their loyalty. Ford develops and delivers innovative, must-have Ford trucks, sport utility vehicles, commercial vans and cars and Lincoln luxury vehicles, along with connected services. The company does that through three customer-centered business segments: Ford Blue, engineering iconic gas-powered and hybrid vehicles; Ford Model e, inventing breakthrough EVs along with embedded software that defines exceptional digital experiences for all customers; and Ford Pro, helping commercial customers transform and expand their businesses with vehicles and services tailored to their needs. Additionally, Ford is pursuing mobility solutions through Ford Next, and provides financial services through Ford Motor Credit Company. Ford employs about 177,000 people worldwide.

Source – Ford