Birdwatch Note Rating
2025-03-04 21:17:43 UTC - NOT_HELPFUL
Rated by Participant: CCBB9A1EFFF6123DF40CFD8ABAAA3DD5E3CEB91BF40BD5CAFFD5E641AF99697E
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