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Michael Wilson to be U.S. Ambassador

Michael WilsonInstant credibility.  And if anyone knows about trade…

Michael Wilson to be Canada’s next ambassador to Washington

TORONTO —Michael Wilson, a high-profile cabinet minister under Brian Mulroney, will be Canada’s next ambassador to Washington, CTV News reports.

The appointment of Wilson to the top diplomatic post is expected by the end of the week, CTV says.

Wilson is well known in American political and financial circles, largely because he helped negotiate the Canada-U.S. free trade agreement.

Toronto-born Wilson was a Bay Street investment executive when he stepped on to the political stage in 1979.

He ran for the Progressive Conservative leadership at the 1983 convention but dropped off after the first ballot and urged his supporters to vote for Mulroney, the eventual winner.

Wilson is best known as the federal finance minister who introduced the much-maligned Goods and Services Tax in 1990. Besides finance, Wilson also served as minister of industry, science and technology and of international trade.

Wilson didn’t seek re-election in the 1993 election that saw the Tories decimated.

After quitting politics, Wilson returned to Bay Street and joined RBC Dominion Securities.

Since bowing out of public life, Wilson served as the Conservative party’s campaign co-chair in the most recent federal campaign.

Currently, Wilson serves as chairman of the investment bank UBS Canada. […]

Joel Johannesen
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