Chrysler agrees to a tentative deal with the CAW
The Canadian Auto Workers union and Chrysler have settled on a new four-year tentative agreement, signalling a end to contract talks at all Big Three automakers without the need for a strike.
C-A-W president Ken Lewenza says the Chrysler deal mirrors the pattern set in agreements reached earlier with Ford and General Motors.
Under the pattern deal, each Chrysler worker will get two-thousands a year in the second, third and fourth years of the contract to cover cost-of-living increases.
The union says the workers will also receive a three-thousand dollar ratification bonus.
New hires at each automaker will start at 20-dollars an hour, down from 24-dollars, and take 10 years to reach peak pay levels of 34-dollars an hour instead of the current six years.
Chrysler says it won't not comment on the contents of the agreement during ratification, which will take place this weekend in Toronto, Windsor and Brampton, Ontario.
The C-A-W came to terms with Ford on September 17th, just hours before a midnight strike deadline, and those workers approved the deal by a margin of 82 per cent.
The union reached an agreement with G-M three days later and that deal is still being voted on.