Birdwatch Note Rating
2025-03-04 22:02:52 UTC - HELPFUL
Rated by Participant: 24C4AD26141D9EB22841E36ECD93AE62C335B56025CDF4B8AE60186F8D4F91D6
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