Fiat Chrysler is committing to invest approximately 1.5 billion Canadian dollars (969 million euros) in a new assembly platform at its plant in Windsor, southern Ontario, as part of this agreement to 'a duration of three years, indicated Jerry Dias, president of Unifor, in a statement.
The deal, which rules out the threat of a strike, calls for the assembly of hybrid and electric vehicles in Windsor, with at least one model produced in 2025, he said.
Two thousand jobs are to be created in 2024 at the Windsor plant, according to the union. The group had cut 1,500 jobs in Ontario this summer.
The agreement also includes a $ 50 million investment in the assembly plant in Brampton, Ontario.
Employees still have to ratify it in a virtual vote scheduled for Sunday and Monday.
It provides for wage increases of 5% and is based on that endorsed in September by Ford employees in Canada.
The Unifor union plans to start negotiations next week with General Motors for the renewal of the collective agreement for the group's employees in Canada.
After the deal was struck at Ford, the group announced a C $ 1.8 billion (€ 1.2 billion) investment in electric vehicle production at its Oakville plant in the west of Toronto, with nearly $ 600 million in assistance from the Canadian and Ontario governments.
The three large North American groups and the Japanese manufacturers Toyota and Honda have a total of 44,000 employees in their assembly lines in Ontario, according to Unifor.
Canada exported approximately $ 80 billion in vehicles and parts in 2019, almost exclusively to North America, equivalent to 13% of its total exports, according to official statistics.