Birdwatch Note Rating
2025-03-04 21:58:50 UTC - NOT_HELPFUL
Rated by Participant: CCE2B980C0444AD2196A22F1A5BC013C69E527C8097F7536AB966C6605FC0DFC
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