Birdwatch Note Rating
2025-03-05 00:42:07 UTC - SOMEWHAT_HELPFUL
Rated by Participant: F030DB9DAA84CA7C4B7BECE537EDFCF18D6B435AB5E6398091DB1FBE7936C659
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