CAW-Ford Agreement Opts for Short-term Peace over Long-Term Stability
Abstract:
A cornerstone of the industrial sector in Canada (and a main driver of industrial construction) is the auto industry. Now Ford Motor Company of Canada and the Canadian Auto Workers Union have reached a tentative deal that does not go far enough in keeping the sector competitive. A colder dose of reality would have served better than an early agreement. The former Big Three remain important to the economy of Ontario and the longer-term prospects for plant survivals have taken a turn for the worse.
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A cornerstone of the industrial sector in Canada (and a main driver of industrial construction) is the auto industry. Now Ford Motor Company of Canada and the Canadian Auto Workers Union have reached a tentative deal that does not go far enough in keeping the sector competitive. A colder dose of reality would have served better than an early agreement. The former Big Three remain important to the economy of Ontario and the longer-term prospects for plant survivals have taken a turn for the worse.