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JPMorganChase Expands Security and Resiliency Initiative to Canada
NEW YORK, June 15, 2026--JPMorganChase today announced the expansion of its $1.5 trillion, 10-year Security and Resiliency Initiative (SRI) to Canada. The announcement builds on SRI’s recent expansion to Europe and the firm’s momentum in Canada, which has nearly doubled franchise revenue and increased headcount by a third over the past five years.
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Extension reinforces the firm’s century-long presence in Canada and supports strategic capacity, resilience and innovation as critical supply chains evolve NEW YORK, June 15, 2026--(BUSINESS WIRE)--JPMorganChase today announced the expansion of its $1.5 trillion, 10-year Security and Resiliency Initiative (SRI) to Canada. The announcement builds on SRI’s recent expansion to Europe and the firm’s momentum in Canada, which has nearly doubled franchise revenue and increased headcount by a third over the past five years. First announced in the United States in October, SRI is a $1.5 trillion, 10-year initiative to facilitate, finance and invest in five key verticals, including supply chain and advanced manufacturing, defence and aerospace, energy independence and resilience, frontier and strategic technologies, and pharma and healthtech. In Canada, JPMorganChase expects SRI to align closely with some of the country’s strengths and key priorities including defence, energy and mining, and supporting secure, resilient supply chains with trading partners. "Canada has deep strengths on the world stage — rich in talent, abundant resources and is home to companies at the forefront of critical industries," said Jamie Dimon, Chairman and CEO of JPMorganChase. "By extending SRI to Canada, we’re strengthening the vital industries and supply chains that underpin North American economic resilience, which is essential to shared prosperity and collective security." David Rawlings, CEO for JPMorganChase Canada, will lead the initiative locally, providing oversight and accountability across the country. He will work with clients and public- and private-sector organizations to advance SRI’s multilateral initiatives — including providing banking and advisory support to select next-generation companies building critical capacity in Canada, the U.S. and across global trading partners. Separately, JPMorganChase is proud to play a leading role in the establishment of the Defence, Security and Resilience Bank (DSRB), which will be headquartered in Canada. As one of the key financial institutions helping to stand up the DSRB, our involvement reflects JPMorganChase’s deep commitment to helping finance future defence and security objectives. Canada’s selection as the headquarters further strengthens the country’s position in defence, aerospace, advanced manufacturin...
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