Birdwatch Note Rating
2025-03-05 03:09:26 UTC - HELPFUL
Rated by Participant: 395ADEBC3EE8A512AF87F6DE4C124F8B036BF730938676F15E97CA9B6041F373
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