To answer my own question, I called Service Alberta, and he said that an account that was named "Real Estate Co, In Trust" was sufficient, but ask the bank about an account a lawyer would use to hold money they'd got from a client, it can be the same kind of account.
And there's no requirement to have one per property.
So crisis averted lol. Bank still is confused though, that's worth something.
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Uncertainty is an uncomfortable position.
But certainty is an absurd one.
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