Birdwatch Note Rating
2025-03-05 03:08:08 UTC - HELPFUL
Rated by Participant: 916BD3E63ABB6900687F0D7A5240636016D01567C7A628D3950A93B71FFA5C18
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