Birdwatch Note Rating
2025-03-04 20:00:50 UTC - HELPFUL
Rated by Participant: 7704A82E40F59E8C09E7D4252DDDDDB1A8E456054277D1033744E36B7DD3D3D5
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