The Ford Motor Co. reached a new labor agreement early Nov. 1 with the union representing more than 6,400 auto workers at the company’s plants in Canada, averting a strike.
The deal includes a commitment from Ford — similar to those offered by General Motors and Fiat Chrysler in earlier talks — to invest more than $470 million in its Canadian operations.
The union, Unifor, pushed hard for new local investments by the Big Three automakers to plug a bleeding of jobs from Canada to its southern neighbors.