Ford and the Canadian union ratified a new labor contract for thousands of workers, including wage increases and bonuses. The deal also includes Ford’s commitment to invest in its southwestern Ontario engine plant, reducing near-term operational uncertainty for the affected workforce while implying higher labor and capex commitments.
Ford and the Canadian union ratified a new labor contract for thousands of workers, including wage increases and bonuses. The deal also includes Ford’s commitment to invest in its southwestern Ontario engine plant, reducing near-term operational uncertainty for the affected workforce while implying higher labor and capex commitments.
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mildly positive
Sentiment Score
0.10
Ticker Sentiment