Birdwatch Note Rating
2025-03-05 01:37:58 UTC - NOT_HELPFUL
Rated by Participant: A30C2EC5A67DA72F0AC0E1A8CEBD8072A65EE67ABDE2437E0930554BB19E95B6
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