Birdwatch Note Rating
2025-03-05 11:18:08 UTC - HELPFUL
Rated by Participant: B48C12445B87A63286CABC9325E49F42949ACB753742293531EA26F99F4E5CBC
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