The Globe and Mail reports in its Monday, June 15, edition that JPMorgan is expanding its $1.5-trillion (U.S.) economic security initiative to Canada, focusing on energy, defence and critical minerals with billions in new financing. The Globe's James Bradshaw writes that the 10-year Security and Resiliency Initiative, launched in October, aims to direct funding to five key sectors, increasing lending and helping clients raise capital, with an initial $10-billion (U.S.) allocated for equity investments. JPMorgan chief executive officer Jamie Dimon has emphasized the initiative as a crucial effort to strengthen U.S. industries and supply chains in a riskier world. The bank has also expanded the SRI to include investments in Europe and Britain. Now the country's Canadian arm is joining the effort, led by JPMorgan Canada CEO David Rawlings. He will work with the bank's clients, governments, and organizations in the private and public sectors to expand the unit's cross-border banking and advisory business. "There's just so much that we can do to help Canadian companies get on a different growth track, and that's going to be a huge focus of this initiative," Mr. Rawlings said.