Birdwatch Note Rating
2025-03-04 21:47:35 UTC - HELPFUL
Rated by Participant: 93297303116520F8F2F03C91194FDF9A81157F3235D7BD946C8773D3180D43A6
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