GM, Unions Reach Tentative Agreement On CAMI Plant
GM and Unifor (the union formerly known as the CAW) have reached a tentative agreement for the 2,500 workers at the CAMI plant in Ingersoll, Ontario, which builds the Chevrolet Equinox and GMC Terrain.
The Equninox and Terrain are hot sellers for GM, having sold nearly a quarter million units combined through August of this year. Inventories are tight, and a quick and easy ratification of the agreement would mean uninterrupted production for GM. Earlier in the year, there was speculation over GM moving production of the Theta twins (as they are known internally), to a cheaper location like Mexico or Tennessee. But GM ended up investing $250 million in CAMI for upgrades, including a flexible assembly line similar to the one used at GM’s Oshawa, Ontario plant.
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The Pension Plan that all Government workers in Canada have, usually with OMERS, is the Defined Benefit Plan, there Unions made sure that they would have this plan rather than the one most Companies want to give there employees, its a decent plan that was the norm until the Market fell apart, thanks to many Bank failures around the World/
Labour unrest is never good for the union or the company. Nice to see a quick settlement. It does make me nervous that the CAW and the Communications, Energy and Paperworkers union have merged into Unifor. 300,000 workers makes for a lot of clout and a lot of potential unrest.
@Pch101 Great summary :-) You can try and gloss over the truth. You seem quite intelligent at times, that's why it is sometimes hard to comprehend the ridiculous comments you drop every now and then. The US has one of the most protected vehicle market in the free world. Those figures you gave seems to miss out on some significant barriers the US uses regarding global trade. Oh, and you missed a significant 25% tax, you guessed it, it's called the chicken tax. Linden Johnson brought this into effect when the chicken tax bill was put through congress at the behest of the then UAW boss. What about a thing called technical barriers? They are equivalent to a 26% import tax. Hey Pch101, what are they? Why doesn't the rest of the world do as we do. They use to sunshine, but now the US represents less than 20% of global vehicle trade. Everyone else is inferior and using inferior systems and regualtions, isn't that right? You seems to speak about the superior US design regs that has the US with one of the highest fatality rates in the OECD. Who is causing these accidents? Not us, we have the best. Maybe the US should adopt what everyone else is doing, instead of becoming insular and isolated. Yup, you guessed it, UNECE regs. The most common system for vehicle regulations in the world. It actually supports and facilitates global trade. Great instrument, if you want to export that is. Hey Pch101, don't let fact get in the way of your paradigms. Your problem is you have what is termed an Americian Exceptionalism issue. But I can live with that. I'll have to continually correct you with the many errors you make:) The US is the greatest country, maybe not the best at everything. I'm from there and so is my family. But to some of the brainwashed guys, leave the US and look around the world, it's an amazing place.
these are wonderful products that sell well and are virtually trouble free. so glad the union and management were able to iron out their relationship so we can proceed with putting more of them in driveways across the land.