Birdwatch Note Rating
2025-03-05 20:47:33 UTC - HELPFUL
Rated by Participant: 99D5075B69C83B424162D874AAE1B3BCD4B31C88815EEB7DCF24D7226C5B03E6
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