Birdwatch Note Rating
2025-03-04 21:04:01 UTC - NOT_HELPFUL
Rated by Participant: 89D8F24D50C7F2AEC03962EE97F2CCF1D742DF98BD159CC3998934E6F34E6700
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