Birdwatch Note Rating
2025-03-05 09:48:13 UTC - NOT_HELPFUL
Rated by Participant: 8622801CFF91545BF9F6771FBE018C9F10EB671CDD0851C87F76E3E80AD0100F
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