Comment: So do you have "the guts"? (or 5?). If you really cared as you try so hard to convince readers that you do (not very successfully), you'd investigate this looking for actual, real facts rather than tossing out some flimsy, zero-based comment.   I am really looking forward to your best seller. Why are you always asking others to present things to you instead of doing it yourself? Are you not confident in your own abilities and would rather sit back and challenge others to put up or shut up wile you avoid having to do the same?
In general, and this is obviously not always the case, underperformance comes from both advisor recommendations and investor decision decision making. 
If you seriously (and I very much dubt anything you say is serious when put under scrutiny after the fact) believe that the "inner workings of the financial services industry in Canada is pathetic", then please, please, please publish yur book or even a scientifically-based research report confirming this IMHO.