The Globe and Mail reports in its Saturday edition that Canadian banker Mark Wiseman has officially been selected by Prime Minister Mark Carney to take up Canada's most important diplomatic role -- ambassador to the United States -- as Ottawa prepares for tough USMCA trade talks. The Globe's Robert Fife writes that the appointment was approved by cabinet on Thursday and the PM is to make the announcement in the coming days. Mr. Wiseman, 55, replaces Kirsten Hillman who served in Washington since 2017, including the past six years as ambassador. The Prime Minister chose Mr. Wiseman, a close friend, because of his extensive business connections in the United States. President Donald Trump and key advisers, such as Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, would also respect Mr. Wiseman's financial background. Mr. Wiseman has been heavily involved in institutional investments, mergers and acquisitions, and has held senior positions at companies such as BlackRock and Boston Consulting Group and pension funds. Canada had been holding talks for months to remove tariffs imposed by the U.S. President on Canadian goods such as steel, aluminum and softwood lumber. Mr. Trump cancelled negotiations.