Birdwatch Note Rating
2025-03-05 16:14:15 UTC - HELPFUL
Rated by Participant: 00CB71F8CD6D858E6F9D6F8E52C2D94B61078D4EF01E5D76E3297DFC8338678C
Participant Details
Original Note:
The Bank Act restricts the activities of United States banks in Canada: no foreign retail branches can accept deposits less the $150K, no securities dealing, limits on branches and ownership rule restrictions. Canadian banks are unrestricted in the US. https://laws.justice.gc.ca/eng/acts/B-1.01/FullText.html
All Note Details