TORONTO, Ont. – The Canadian Auto Workers union reached a four-year tentative agreement with General Motors on Thursday, which mirrors the core features of the deal reached with Ford earlier this week, the union said.

“In today’s economy, today’s market share, it meets our goals,” CAW national president Ken Lewenza said.

The union engaged in talks with GM and Chrysler in hopes of getting the automakers to agree to the tentative deal accepted by Ford on Monday.

“As a result of what we did at Ford, what we broke down, the employment opportunities that generated out of Ford, the opportunities for laid off workers to get to work, the opportunities for future investment…We put it all in a systematic process and today, we asked General Motors to do the same and they agreed,” Lewenza said.

The union said the GM deal incorporates the Ford pattern. Its agreement earlier this week extended a midnight strike deadline on Monday to allow the other two of the Detroit Big Three to review the deal.

Lewenza said the deal allows GM to preserve jobs.

“The seniority workforce should be fully employed by the end of the agreement,” CAW said in a release.

The contract preserves a total of 1,750 jobs with a capital expenditure of $675 million at GM plants in Oshawa and St. Catharines.

Starting next year, GM said it would create a third shift at its flex plant in Oshawa a move that would create 900 jobs. At its consolidated plant, production will be extended until June 2014, which will save 750 jobs.

Frustrated with minimal progress in talks with GM, Lewenza threatened to call a strike against the automaker earlier Thursday.

In fact, the union said talks with Chrysler were advancing better than negotiations with GM. If at any point progress seriously stalls, the union is in legal position to strike. It will provide 24 hours notice before a work stoppage.

As of late Thursday, the union was yet to reach a deal with Chrysler. Negotiations with Chrysler will resume Friday, Lewenza said.

“I would ask you to get serious with our bargaining committee to meet the pattern,” he said.

CAW workers at GM will receive the same deal as Canadian Ford workers, which means the deal would see new hires start with 60 per cent of full pay, reached after 10 years versus six years as outlined in the last collective agreement.

In the Ford deal, there will be no increases to base wages and pension plans will remain the same for existing employees. The company agreed to create 600 new jobs at its Oakville, Ont. assembly plant that will help offset 800 layoffs.

They would also be signed up for hybrid pension plan.

Ford workers will vote this weekend on the tentative agreement. Results of the vote will be released on Sunday night, the union said.