Birdwatch Note Rating
2025-03-04 21:07:57 UTC - NOT_HELPFUL
Rated by Participant: 828A62DCB4654104B8E81E3AA0CAEF1BE330E3C46D1203640A5B24BB2110B0DE
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