Birdwatch Note Rating
2025-03-05 03:11:15 UTC - HELPFUL
Rated by Participant: 3DE921D101BF7A4BED8916F29ADC989D257F3CAAA5D416E3748BAA6E04630C00
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