Birdwatch Note Rating
2025-03-04 20:36:51 UTC - HELPFUL
Rated by Participant: 32F8F457A3E2A3B9076F612A6D4ACA006F7A4C5C1F9AC9A0B5EA3DAD244F984D
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