Birdwatch Note Rating
2025-03-04 23:30:22 UTC - HELPFUL
Rated by Participant: D9E00C2657B5C5C213E08F54B316EBE66EBA9AA7A80A0D4C900A0E6FE98D96BE
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