Birdwatch Note Rating
2025-03-05 04:40:02 UTC - HELPFUL
Rated by Participant: 47546DA4D8A5BF0DDE675EED2E6E0D31B52ECBDE3546ADDC43C8118AD7BDD4E7
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