Extortion isn't okay, even if you're extorting people you don't like.

And extortion codified into law is doubly not okay. Anyone with common sense should understand this.

What? Just because they are a megacorp, it is okay to breach their rights?

Yes? Because corporations shouldn’t have rights, should only exist to benefit citizens, and should have legislation applied when they are being harmful. I can’t tell if you were being sarcastic.

Corporations don't have rights. The people running them, however, do.

I don't know about Canada but here in the States we have a constitutionally guaranteed right to equal protection under the law. That includes the people that own and work for corporations.

Even in the US it is considered bad idea by many.

and who will incorporate these 'non-profit' 'companies' that will get bankrupt in a single lawsuit? Monks?

i also would love a system like this, but 'should's never truly apply in the real world.