Birdwatch Note Rating
2025-03-04 20:03:41 UTC - HELPFUL
Rated by Participant: 4686FB1412F76E9FBC107D495EA15A7C62C1816BB2494C28CBA57F4A0E8EA9C6
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