Birdwatch Note Rating
2025-03-05 01:33:22 UTC - HELPFUL
Rated by Participant: 59ABC28E82799BA0FE10F1718332B9A4FC5456D33F99D9AEEC7BAA594E4C1089
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