Birdwatch Note Rating
2025-03-05 03:40:37 UTC - HELPFUL
Rated by Participant: 54B5FAC09C2AF13977AFEBD8B0F7A50A3A49AB1BE00A887BBE99533AFF2CA24C
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