Union workers vote to approve collective bargaining deal with Ford

Ford Motor Company of Canada, Ltd. says its workers represented by Unifor have voted in favour of a new contract that runs through 2023.

The deal, which was announced by Unifor last week, includes a $1.8-billion investment to build electric vehicles at the company's plan in Oakville, Ont.

The agreement between Unifor and Ford is expected to set the tone for upcoming contract talks with Fiat Chrysler and General Motors.

Ford says the deal will see more flexible work arrangements and a quicker path for new hires advancing up the ranks.

It also includes two 2.5 per cent raises and a $7,250 ratification bonus for full-time, permanent workers. Unifor's local union leaders endorsed the deal over the weekend and urged workers to ratify the agreement on Sunday.