Birdwatch Note Rating
2025-03-04 20:13:25 UTC - NOT_HELPFUL
Rated by Participant: 73AA0CCC02BECCC445E8A3C45EC59AF81871DBDE56A7E4843C0C5F8867473497
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