Birdwatch Note Rating
2025-03-04 21:12:06 UTC - HELPFUL
Rated by Participant: 0D287B6A6D51B2EAE9D684B0424578C9CD47D8204C1A27EE8A564ED34689D3DF
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