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Fact check: Trump said U.S. banks cannot operate in Canada — that is wrong.

Fact check: Trump said U.S. banks cannot operate in Canada — that is wrong.

B1🇯🇵 日本語🇺🇸 English

September 8th, 2026

Fact check: Trump said U.S. banks cannot operate in Canada — that is wrong.

B1
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 said 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誤って言った

He made this comment when he was asked about plans to restart trade talks.

この発言は貿易交渉を再開する計画について質問されたときに出た

He was speaking during a meeting in the Oval Office.

彼はオーバルオフィスでの会合中に話していた

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

専門家によると米国の銀行はカナダでの営業を禁止されていない

According to the Canadian Bankers Association, 15 U.S. banks now work 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働いている

On the other hand, there are 8 Canadian banks working in the U.S.

一方米国で働くカナダの銀行は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 US banks are Schedule III, and they face limits like 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 from the University of Waterloo said that how a bank enters the market matters. It changes how much the bank can do.

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に入る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 JP Morgan 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 that U.S. banks have limited entry. Canada's market is small and existing banks are very competitive.

専門家はカナダ市場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 a request 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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