Birdwatch Note Rating
2025-03-06 07:56:45 UTC - HELPFUL
Rated by Participant: 0B3E46D94EF2AF975B2A7E261D60D35CB8DBB7F82BE4028AFFC94CBAB0557F7B
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