The Globe and Mail reports in its Tuesday edition that heading into 2026, the outlook for cross-border mergers and acquisitions is heating up, despite (or because of) Canada's chilly trade relationship with the United States. The Globe's Andrew Willis writes that in the coming year, business leaders in virtually every sector will continue to bulk up by acquiring U.S. companies. In everything from tech to food, the playbook is to better compete for customers in the U.S. by owning factories there. In the mining, energy and beleaguered lumber sectors, there are expectations of continued domestic M&A to build larger, lower-cost producers that send resources to both the U.S. and Asian markets. Rogers is expected to welcome a private equity investor as a minority partner in its sports platform, valued at $20-billion, once the telco buys the remaining 25-per-cent stake in Maple Leaf Sports & Entertainment owned by Larry Tanenbaum. Potential suitors include New York-based fund manager Arctos Partners, which already owns shares in 20 major professional sports teams, among them the Pittsburgh Penguins, Golden State Warriors and L.A. Dodgers. In 2026, the challenge of doing business in the United States can only grow.