General Motors of Canada Limited

General Motors of Canada Limited

March 11, 2009 21:47 ET

GM Canada Welcomes CAW Member Ratification

OSHAWA, ONTARIO--(Marketwire - March 11, 2009) - GM Canada tonight welcomed the ratification of a new competitive agreement with the CAW. The agreement will quickly reduce GM's costs in Canada by significantly closing the competitive gap with U.S. transplant automakers on active employee labour costs and substantially reduce the Company's legacy costs. The company noted, "This demonstration of leadership and shared sacrifice by CAW members provides a very significant positive boost to GM Canada's business restructuring progress in Canada." The company will now work to conclude support agreements with the Canadian and Ontario governments. These support agreements are needed to complete the Company's restructuring and enable the launch of several new product mandates in Canada. The agreements are also necessary to sustain the Company's production, suppliers and dealers all across Canada through the current unprecedented industry downturn and well into the future.

General Motors of Canada (GMCL) is headquartered in Oshawa Ontario and employs 12,000 people nationwide. GM of Canada manufactures vehicles, vehicle powertrains, and markets the full range of General Motors vehicles and related services through approximately 700 dealerships and retailers across Canada.

Contact Information

  • GM Canada
    Stew Low
    (416) 254-4224 cell