Birdwatch Note Rating
2025-03-05 04:17:26 UTC - HELPFUL
Rated by Participant: 3CD3CB9A27DC48765984B19A9B0456DE1B0C15E019337086CE264A5E9EFDCEA9
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