Birdwatch Note Rating
2025-03-05 15:20:12 UTC - HELPFUL
Rated by Participant: F1F376F7DD9E42339953C67118067F7D3174CD9522663E71B21CE80554695E99
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