The process you are describing is ["regulatory capture"](https://en.wikipedia.org/wiki/Regulatory_capture https://en.wikipedia.org/wiki/Regulatory_capture) It

The process you are describing is ["regulatory capture"](https://en.wikipedia.org/wiki/Regulatory_capture https://en.wikipedia.org/wiki/Regulatory_capture) It isn't Canada specific. It is the rule for everyone, for all people, and for all times. The people with the most incentive to corrupt a corporate governing body are the corporations that are being governed themselves. No one else cares as much as they do.