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Good morning. The United States is racing to secure control of critical-mineral supply chains, striking new deals in Asia and buying stakes in Canadian mining firms. Ottawa calls the domestic investments “capitalism in action” with an “ally.”

Others wonder if that view overlooks the economic leverage those minerals represent – especially as that ally keeps imposing new tariffs on Canada.

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M&A: Cenovus Energy Inc. appears to have enough shareholder support to acquire MEG Energy Corp. , ending one of the most dramatic takeover battles in Canadian corporate history.

Trade: Prime Minister Mark Carney says he expects to meet Chinese President Xi Jinping this week at an international summit in South Korea.

Tech: A $750-million financing deal has made

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