By Bryce Hoffman, The Detroit News
The tentative agreement reached between Ford Motor Co. and the Canadian Auto Workers on Monday is a sweeter deal for the company than the one it inked with the United Auto Workers here last fall.
If ratified, Canadian workers would receive bonuses totaling about $9,234 at the current exchange rate over the life of the four-year contract. That is about $3,800 less than UAW members will receive during the life of their four-year contract with Ford.
And the CAW agreement includes no provision for profit-sharing, meaning workers north of the border would receive nothing more if the company does well. Ford workers in the United States receive $1 for every $1 million in pre-tax, pre-interest operating profit the company makes in North America.