I asked GPT to explain it to me like I'm a kid and I'm still confused.
Imagine if you gave your friend some money to buy a video game, but the rule is that they have to buy the game you want and then give it to you. In the world of Canadian tax law, this is a bit like what's called a "bare trust." It means someone (the trustee) holds something, like money or property, for someone else (the beneficiary), but they can't make any decisions about it. They just have to do what the person who gave it to them wants. This is used in taxes because the person who actually owns the thing (like you owning the game) is the one who has to pay any taxes on it, not the friend who bought it for you.
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