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TORONTO — The Canadian Auto Workers voted 86 percent in favor of a cost-cutting deal with General Motors Canada as the automaker bids to qualify for more government loans and assure its future in Canada.

Union leader Ken Lewenza said Monday that the deal should provide a much-needed sense of security. He has said the deal allows GM Canada to meet cost benchmarks set by the Canadian government, namely making cuts to vie with nonunionized Toyota Canada. The deal also stipulates that GM’s car-assembly and parts plants in Ontario will stay open.