BC brought in the Land Owner Transparency Act (LOTA) and related reforms specifically to end hidden land ownership through numbered companies and trusts. Before these changes, people could hold property through bare trusts or companies with nominees, making it hard for the public or government to see the real owner.[vancouversun +3]

Trusts and disclosure

You can still have a trust (for example, a bare trust or family trust) that is the registered owner of land, but the “beneficial owners” now generally must be disclosed in a public transparency registry when an interest in land is registered.🤮