Larry Fink says Ford autoworkers "made a strategic calculation" rather than embracing deal

Canadian Ford workers ratified a three-year contract with 3 percent annual raises, bonuses, and job-security measures amid tariffs and uncertainty over North American trade rules. Unifor, representing about 5,150 employees at plants in Ontario and Alberta, announced 74 percent of hourly workers and nearly all salaried staff approved the deal. Labor-studies professor Larry Savage attributed the strong vote not to enthusiasm for the terms but to a pragmatic decision in a volatile climate, where fears of production shifting to the U.S. outweighed dissatisfaction with modest wage increases. The agreement, reached after three weeks of bargaining, includes Ford investments of hundreds of millions in engine and assembly facilities and a plan to recall laid-off workers by 2027. The outcome matters because it shows how trade tensions are reshaping contract decisions in Canada’s auto sector.