Birdwatch Note Rating
2025-03-04 23:52:13 UTC - HELPFUL
Rated by Participant: 2E0D356583DB4B2328380BE3175DF06D9D34394EC8A924B1B271E644BAB9BCDC
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