Birdwatch Note Rating
2025-03-05 02:25:27 UTC - HELPFUL
Rated by Participant: 36E85A5220A8C42926F5F77A184EFF5607CB7699173C5AC20D0EFF3E1E2401B2
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