Deal Could Come Wednesday Between CAW and Chrysler
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
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.