General Motors (GM), Canada's Unifor Enter Tentative Agreement

September 26, 2016 7:16 AM EDT

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General Motors (NYSE: GM) and Canada's Unifor have reached a tentative contract agreement. Highlights of the agreement include:

  • $554 million in investments
  • Secure future for all locations
  • Ratification bonus
  • Base wage increases
  • Lump sum payments
  • Conversion of SWEs to permanent status
  • Improvements to new-hire program
  • Benefit improvements

The Unifor newsletter on the announcement is embedded below:

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