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Fact check: Trump claims U.S. banks cannot operate in Canada — that is false.

Fact check: Trump claims U.S. banks cannot operate in Canada — that is false.

B2🇯🇵 日本語🇺🇸 English

September 8th, 2026

Fact check: Trump claims U.S. banks cannot operate in Canada — that is false.

B2
Please note: This article has been simplified for language learning purposes. Some context and nuance from the original text may have been modified or removed.

🇺🇸 English

On Wednesday, President Trump wrongly claimed that U.S. banks cannot operate in Canada.

トランプ大統領は水曜日米国の銀行はカナダで営業できないと誤って主張した

He made this statement during a meeting in the Oval Office when asked about plans to restart trade talks.

この発言は貿易交渉再開の計画を問われた際オーバルオフィスでの会合中になされた

According to experts, US banks are not banned from operating in Canada.

専門家によると米銀はカナダでの営業を禁止されていない

The Canadian Bankers Association says 15 US-owned banks now operate in Canada as branches or subsidiaries.

カナダ銀行協会によると現在15の米国系銀行がカナダで支店または子会社として営業している

In contrast, eight Canadian banks operate in the United States.

一方米国で営業するカナダの銀行は8行ある

The Bank of Canada is a central bank, not a commercial bank.

カナダ銀行は中央銀行であり商業銀行ではない

There are three types of banks in Canada.

カナダには銀行の種類が3つある

Canadian-owned banks fall under Schedule I.

カナダ所有の銀行はスケジュールIに該当する

Foreign companies can operate as Schedule II or Schedule III.

外国企業はスケジュールIIまたはスケジュールIIIとして営業できる

Most U.S. banks are Schedule III and face limits such as high minimum deposit amounts.

米国系銀行のほとんどはスケジュールIIIで高い最低預金額などの制限に直面する

Professor James Thompson of the University of Waterloo said that how a bank enters the market changes its range of activities.

ウォータールー大学のジェームズ・トンプソン教授は市場参入の方法によって活動範囲が変わると述べた

U.S. banks operating in Canada include JPMorgan Chase and Citibank.

カナダで事業を行う米銀にはJPモルガン・チェースやシティバンクなどが含まれる。

Their total assets are about 124 billion Canadian dollars, or 90.1 billion U.S. dollars. That is more than half of all foreign bank assets.

それらの合計資産は約1,240億カナダドル(約901億米ドル)外国銀行の資産の半分以上を占める

Experts said U.S. bank entry is limited because Canada's market is small and existing banks are highly competitive.

専門家はカナダ市場の規模が小さく既存銀行の競争力が強いため米銀の参入が限られると指摘した

The White House did not respond to requests for comment.

ホワイトハウスはコメント要請に応じなかった

September 8th, 2026

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