Birdwatch Note Rating
2025-03-04 22:03:42 UTC - HELPFUL
Rated by Participant: A80B0525C415547E4C14111D6AC8225C3DF2560EAC3C8C813216AF1226EECC6C
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