Birdwatch Note Rating
2025-03-04 21:17:06 UTC - HELPFUL
Rated by Participant: B483C084A630DD16BAF83AE33B490E1D7284D89ABA19AE46EE294B618F4E7D21
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