Birdwatch Note Rating
2025-03-04 20:33:45 UTC - NOT_HELPFUL
Rated by Participant: BF57CBDDD550199332F822E645D46A8BCCD198B3FC62BAA907A52907E3598D5C
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