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CANADA: Another Sizeable Wage Settlement

CANADA
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  • The weekend saw CAMI members ratify a collective agreement between Unifor (Canada’s largest private sector union) and GM to avert a strike for 1,300 auto workers in Ontario, and with it the wage details behind it (press release here).
  • “The new CAMI contract compresses three years of wage gains in the Detroit Three pattern into the two-year life of the agreement, providing 15% in negotiated wage Increases for production workers and 20.25%  for Skilled Trades.”
  • “Workers will receive an immediate 10% pay increase with a 2% increase in September 2025 and an additional 3% increase in July 2026.”
  • Whilst not receiving quite the same publicity as the Air Canada and rail strikes before that, these large upfront wage increases continue to pose risks that services inflation could prove to be stickier than expected. We have written on the matter here and here. 
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  • The weekend saw CAMI members ratify a collective agreement between Unifor (Canada’s largest private sector union) and GM to avert a strike for 1,300 auto workers in Ontario, and with it the wage details behind it (press release here).
  • “The new CAMI contract compresses three years of wage gains in the Detroit Three pattern into the two-year life of the agreement, providing 15% in negotiated wage Increases for production workers and 20.25%  for Skilled Trades.”
  • “Workers will receive an immediate 10% pay increase with a 2% increase in September 2025 and an additional 3% increase in July 2026.”
  • Whilst not receiving quite the same publicity as the Air Canada and rail strikes before that, these large upfront wage increases continue to pose risks that services inflation could prove to be stickier than expected. We have written on the matter here and here.