Birdwatch Note Rating
2025-03-04 20:36:36 UTC - NOT_HELPFUL
Rated by Participant: 1F5D56372B4FD33A7E5EEB8C5E2E3BDA7BB4BE1FC68995D710C63ECFE98C8EF8
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