Finance Minister Jim Flaherty appears to be backtracking on his support for an expanded Canada Pension Plan (CPP) in the lead up to the finance ministers meeting Dec. 19 and 20 in Alberta.

Instead of making higher CPP benefits the top priority, Flaherty wants to create a pooled private RRSP system which is bad for Canadians—but good for Canadian banks and mutual fund companies.

We need your help. Canadians don't need the banks and financial industry getting another opportunity to gouge them out of their hard earned savings. We need leadership from our governments. Please visit CUPE's online action centre to send one final message to Prime Minister Stephen Harper and Finance Minister Jim Flaherty, reminding them doubling CPP is the best and most efficient way to help Canadians save more for their retirement and solve the pension crisis - and please share this message with your friends and co-workers.