Birdwatch Note Rating
2025-03-04 20:53:11 UTC - NOT_HELPFUL
Rated by Participant: 7D32AC2BFFCBC6F0E5DF58F452012321FC6C6D8E704FA2CC77C605E8FF0823A3
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