Birdwatch Note Rating
2025-03-04 20:10:43 UTC - NOT_HELPFUL
Rated by Participant: 247FF8BF018CBD5DF9B5C9F307D99ECD9757555DCF32211161B4803161977F18
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