Birdwatch Note Rating
2025-03-04 22:09:53 UTC - HELPFUL
Rated by Participant: F7149038D5C30060A94EE2C3E18D15C5A6134468F21514104A086FA9F97C6E0B
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