General Motors Workers Approve New Deal in Canadian Investments
MT newswire2026/08/31 07:53By:MT newswire
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
03:53 AM EDT, 08/31/2026 (MT Newswires) -- General Motors (GM) workers in Ontario have agreed contracts securing more than $1 billion Canadian dollars ($719.6 million) in investments and new production at Canadian facilities, the Canadian union Unifor said Monday. The contracts include CA$144 million for GMC Sierra production in Oshawa and CA$215 million for transmission production in St. Catharines, the union said. The deal also includes prior commitments of CA$691 million for a sixth-generation V8 engine in St. Catharines and CA$63 million for stamping and other upgrades in Oshawa, Unifor said. The agreements provide 3% annual wage increases over three years and extend the Income Maintenance Plan for eligible workers on layoff until May 2028, it said.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
CandyBomb x DEBIT: Trade to share 45,000 USDT
Bitget Announcement•2026/09/01 13:00
Bitget Will Support the BounceBit (BB) Contract Swap
Bitget Announcement•2026/09/01 08:00
Hold USDGO for dual perks, earn up to 30%+ APR!
Bitget Announcement•2026/09/01 02:00
Bitget Has Completed the Vanar Chain (VANRY) Contract Swap
Bitget Announcement•2026/08/31 12:00
Crypto prices
MoreBitcoin
BTC
$77,214.73
-0.60%
Ethereum
ETH
$2,381.28
-1.58%
Tether USDt
USDT
$0.9996
+0.01%
BNB
BNB
$693.5
+0.95%
XRP
XRP
$1.36
+0.67%
USDC
USDC
$0.9999
-0.01%
Solana
SOL
$100.09
-0.10%
TRON
TRX
$0.3257
+1.10%
Hyperliquid
HYPE
$81.7
-1.93%
Zcash
ZEC
$816.94
-2.70%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now