FACT FOCUS: Trump Claims US Banks Cannot Operate in Canada. That's Not True
Experts say 15 U.S.-based banks operate in Canada, and they face regulatory limits that make retail expansion difficult.
15 Articles
15 Articles
FACT FOCUS: Trump claims US banks cannot operate in Canada. That’s not true
Asked about the trade war with Canada on Wednesday, President Donald Trump falsely claimed that U.S. banks are not allowed to do business with its neighbor to the north. The allegation came during a meeting with U.S. travel executives in the Oval Office, after a reporter asked Trump whether there are plans for renewed trade […]
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FACT FOCUS: Trump claims US banks cannot operate in Canada. That's not true
President Donald Trump falsely claimed on Wednesday that U.S. banks are not allowed to do business in Canada. There are currently 15 U.S.-based banks operating out of Canada, either as branches or subsidiaries, according to a spokesperson for the Canadian…
The allegation was defended once again by US President Donald Trump during a press conference in the Oval Room. SIC Verifies.
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Bias Distribution
- 57% of the sources are Center
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