Birdwatch Note Rating
2025-03-05 16:03:38 UTC - HELPFUL
Rated by Participant: 57728C012215DCE53C5BDDE5B9DE828DCEAC1A45322ABADE7521BE2E83F7E079
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