Birdwatch Note Rating
2025-03-05 02:05:29 UTC - SOMEWHAT_HELPFUL
Rated by Participant: E629B1911F9947A27F6EDE214CCE592B4068F7DC6A6294C5EFD2477C91F40CB2
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