[Scoundreller]

If you're trying to stash illegitimate money overseas, would you do it in your own name, or use a trustworthy local stand-in when available?

Secondly, even if the money is legitimate, Canada does not tax capital gains on residences that are your primary residence.

So if one wants to buy 5 homes, one could buy 1 yourself, and find stand-ins for the other 4. Or if one doesn't plan on living in any, 5 stand-ins.