Birdwatch Note Rating
2025-03-05 00:18:57 UTC - HELPFUL
Rated by Participant: E0B3727B17FFF8C429AB2D263C9059E1753CA2F59244527A207C68E361565EA6
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