"Ford Invests in Canadian Workers: CEO Jim Farley Announces Significant Wage Increases. In a move aimed at bolstering its Canadian operations, Ford Motor Company has agreed to grant its Canadian workers annual wage increases of three percent. The deal, seen as a major coup for the nation's labor unions, is a significant investment in the company's workforce and production in Canada. With the automaker facing increasing competition in the global market, the move is likely to be seen as a key factor in Ford's efforts to maintain a strong presence in the Canadian market and attract top talent in the industry."
Ford CEO Jim Farley said the deal, which gives Canadian workers three-per-cent annual wage increases, is an investment in the company's workforce and production in Canada.