JPMorgan’s Jamie Dimon plays down U.S.-Canada trade tensions as ‘a bump in the road’

JPMorgan Chase CEO Jamie Dimon views U.S.-Canada trade tensions as a temporary setback, emphasizing that his bank continues to expand its commercial and investment banking operations in Canada. Despite Canadian legislation limiting ownership stakes in banks, JPMorgan is committed to growing its business in the country. Dimon believes the strong economic ties between the U.S. and Canada will endure, and that a resolution to trade disagreements is achievable.

• •JPMorgan's Canadian revenue has nearly doubled in five years.
• •Canadian law caps bank ownership at 10%.
• •Dimon downplays trade tensions as a 'bump in the road'.