Birdwatch Note Rating
2025-03-05 15:25:10 UTC - HELPFUL
Rated by Participant: DACC633A1E8DDDD73CCBCF85AA97E02023B5FB9F4CF398DA0235F470E7603EC4
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