CAW says GM Canada concession expectations too high
TORONTO (Reuters) - The president of the Canadian Auto Workers said on Friday the union cannot possibly meet General Motors Corp's expectations for union concessions, but that the two sides would continue bargaining.
Ken Lewenza, speaking to CBC News, said GM was looking for more concessions than the union recently made to Chrysler, and that the number of pensioners at GM compounds the problem.
The government of Canada has set a midnight Friday deadline for the CAW and GM Canada to reach a cost savings deal to help the company qualify for taxpayer-funded loans.
(Reporting by John McCrank; editing by Peter Galloway)
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