Birdwatch Note Rating
2025-03-05 07:55:36 UTC - HELPFUL
Rated by Participant: 0C929726962D8FA7203FAE51B39031F10659AC823A0E6D46ADF17B941A6EC10B
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