Birdwatch Note Rating
2025-03-04 23:54:08 UTC - HELPFUL
Rated by Participant: 6EA131EA919782808836A022C67D2E5AA1EF53B5A4D0A01206544066D2430D18
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