Canadian auto talks could hit roadblock over tiered wages
With six days left before their contracts expire, the Canadian Auto Workers and Chrysler, General Motors and Ford are continuing negotiations. Talks are centered around cost-saving measures similar to those in the United Auto Workers' contract. The deal includes tiered wages for new hires, as well as ending cost of living increases and having workers contribute more to their pensions. The deal would change the model that the union has followed for years, with new workers reaching full wages after six years. The union told members that the companies say that they might pull future investments if workers do not agree to the concessions. The companies say that the negotiations are productive, and that they expect to reach an agreement.
See "Canadian auto talks could hit roadblock over tiered wages", Brent Snavely, Detroit Free Press, September 10, 2012