Birdwatch Note Rating
2025-03-04 19:55:28 UTC - HELPFUL
Rated by Participant: 6680599998DEBBE2796FB68CAF6AA1B3DC60E2713531BF201A599DF5051F1CC1
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