President Donald Trump put a month-long pause on his planned tariffs on Canadian imports. Earlier in the day, though, he added two new items to his long list of inaccurate complaints about Canada.

U.S. President Donald Trump falsely claimed on Monday that U.S. banks are not allowed to operate in Canada, suggesting that he has yet another bone to pick as a trade dispute unfolds between the two countries.

A group that represents bankers in Canada says claims by President Donald Trump that U.S. banks can't operate north of the border is false. Trump posted on his Truth Social account on Monday that, "Canada doesn't even allow U.S. Banks to open or do business there. What's that all about?"

President Trump says Canada doesn’t allow U.S. banks to open or do business in the country. Data from the country’s banking supervisor indicates that at least three U.S. banks have operations in Canada.

Sources said President Trump was singling out Ottawa’s tougher approach to regulating its banking and financial sector.

Donald Trump has been called out on another lie. Trump took to Truth Social to lambast one of the United States’ closest allies, writing that Canada “doesn’t even allow U.S. Banks to open or do business here.

The association representing bankers in Canada says U.S. subsidiaries and branches represent half of all foreign bank assets in the country, despite false claims by U.S. President Donald Trump that American banks can't do business north of the border.