Mr. Speaker, with respect to the above-noted question, what follows is the response from the CRA as of April 16, 2024, that is, the date of the question.
The CRA has received a total of 44,034 bare trust returns from January 1, 2024 to April 16, 2024 for the 2023 tax year. The CRA has processed a total of 37,593 bare trust returns containing a schedule 15, beneficial ownership information of a trust.
Please note that as tax filing season is still in progress as of the date of the question, numbers may change over time.