Comment: But the problem ( as well identified in the CBC report) is that we do not know whether genuine trusts were set up in Cayman and other places. If they are mere shells and all the decisions took place in Canada then it is a Canadian trust and tax is payable here and that would be a very dodgy scheme to get out of paying tax.   Tax experts can tell us whether setting up shell trusts is avoidance or evasion....But the crucial point is that the CRA needs to investigate and Trudeau's dismissal of the issues was very problematic.  How on earth can he say that he is satisfied when no investigation has been conducted?