TORONTO (AP) -- The Canadian Auto Workers have voted to ratify a three-year contract with Ford Motor Co.þþCAW spokeswoman Shannon Devine says the membership voted 78 percent in favor on Sunday.þþThe union says deal keeps Ford's labor costs essentially the same as they are now.þþThe deal freezes wages and cuts vacation pay but avoids changes to base wages. It also prevents the two-tier wage system used in the U.S., where new hires would be paid about half the hourly wages of older employees.þþThe union expects GM and Chrysler to accept similar terms.þþNegotiations with GM start Monday and talks with Chrysler begin Tuesday. þþ
Source: NY Times
