Birdwatch Note Rating
2025-03-04 21:52:55 UTC - NOT_HELPFUL
Rated by Participant: BBAC0D8B41DA9C1FFF9727491C1684D53C1B54A633ED5E7E7AF59A0D056F8C23
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