Birdwatch Note Rating
2025-03-04 21:11:03 UTC - NOT_HELPFUL
Rated by Participant: 6DF9CE5FD20A9D81D66F4EAEC4C95CC86AE66FF6853D4403B316C7F07A93007C
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