Birdwatch Note Rating
2025-03-04 20:11:23 UTC - HELPFUL
Rated by Participant: 491BDF16CCF96A75EDB77DCC7CDB3D729BA5E6109C1C58BF7846DBB2A7BC5004
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