Birdwatch Note Rating
2025-03-04 22:03:02 UTC - HELPFUL
Rated by Participant: 86E0E37D162B59A745093DAF22EB604852E3DBA8A50A6B5990C4673591877DA8
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