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Deal Could Come Wednesday Between CAW and Chrysler

Posted By: Dave Bradley · 9/26/2012 12:47:00 PM

The Canadian Auto Workers union says a deal with Chrysler is possible when negotiations resume Wednesday evening. 

A union official says the two sides are getting close to a deal that would provide labour peace to all of the Big Three
Detroit-based automakers.

A C-A-W official close to the negotiations says they're hoping to wrap it up this evening.

Key union officials are taking a break from talks to participate in ratification meetings for the General Motors contract, ahead of votes through Thursday in Oshawa, St. Catharines and Woodstock.

C-A-W president Ken Lewenza could hold phone discussions throughout the day with Chrysler officials but the two sides aren't
scheduled to meet face-to-face until after 7 p.m.

The union says the two sides exchanged proposals throughout the night until 5 a.m. this morning.

Chrysler is most concerned about sticking to a framework agreement established by Ford and General Motors that pays lump sum payments over four years in lieu of wage increases.

Ford workers accepted their agreement by a margin of 82 per cent included no wage increases or changes to pension plans for existing employees.

However, each worker will get two-thousand dollars a year in the second, third and fourth years to cover cost-of-living increases, plus a three-thousand-dollar ratification bonus.

Long-term care provisions have been capped at 800-dollars per month for new hires and the prescription drug plan has been changed to reduce costs.

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  1. StuG posted on 09/26/2012 12:56 PM
    good news for all involved. collective bargaining in good faith works!
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