Birdwatch Note Rating
2025-03-04 20:33:08 UTC - HELPFUL
Rated by Participant: 46D8F0A31CFB0B84176AF6232845362D847A834655F1337BE4D6B61DFFDBCC8F
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