Finance Minister Jim Flaherty appears to be backtracking on his support for an expanded Canada Pension Plan (CPP) – even though most provinces support CPP improvements.
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. Help keep the pressure up on Prime Minister Stephen Harper and Finance Minister Jim Flaherty.