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Jamie Dimon doesn't think Canadian Prime Minister Mark Carney's vision for a coalition of middle powers is grounded in economic reality.
Speaking during the Council on Foreign Relations' CEO Speaker Series (1), the JPMorgan Chase CEO drew laughs after dismissing Carney's proposal that countries should work more closely together to counter growing pressure from global superpowers.
"When Mark Carney said the powers should get together, it's a fantasy," Dimon said.
Earlier in 2026, former Bank of Canada and Bank of England governor Carney first outlined the strategy (2) during the World Economic Forum Annual Meeting in Davos, Switzerland, where he argued that middle powers should deepen cooperation on trade, artificial intelligence, critical minerals, supply chains and security as the decades-old U.S.-led world order becomes increasingly fragmented.
Jamie Dimon doesn't think Canadian Prime Minister Mark Carney's vision for a coalition of middle powers is grounded in economic reality.
Speaking during the Council on Foreign Relations' CEO Speaker Series (1), the JPMorgan Chase CEO drew laughs after dismissing Carney's proposal that countries should work more closely together to counter growing pressure from global superpowers.
"When Mark Carney said the powers should get together, it's a fantasy," Dimon said.
Earlier in 2026, former Bank of Canada and Bank of England governor Carney first outlined the strategy (2) during the World Economic Forum Annual Meeting in Davos, Switzerland, where he argued that middle powers should deepen cooperation on trade, artificial intelligence, critical minerals, supply chains and security as the decades-old U.S.-led world order becomes increasingly fragmented.
