Birdwatch Note Rating
2025-03-04 22:40:00 UTC - HELPFUL
Rated by Participant: 5DB9C5FC830CD79CB7E9D72BA2F574BF20CA3FD0197A7E5F0A4B00B57F211489
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