The following is excerpted from 19 September 2013 article by the Globe and Mail.
U.S. President Barack Obama will nominate Chicago investment banker Bruce Heyman as his ambassador to Canada, the White House said Thursday.
Known as a powerful fundraising force for the President, Heyman has been managing director of private wealth management at Goldman Sachs since 1999.
Thursday’s announcement comes despite rumours that had circulated during the summer that Heyman’s complex investment portfolio may have disqualified him from the running for the job.
Heyman, who has worked for Goldman Sachs since 1980, would replace departing ambassador David Jacobson, who has held the position since 2009…
A spokesman for Prime Minister Stephen Harper welcomed the choice.
“We look forward to working with Ambassador-Designate Heyman to continue to build on the strong relationship with the Obama Administration and advance shared priorities, including the creation of jobs and increased trade on both sides of the border,” Stephen Lecce said in an e-mail…
…Heyman benefits from his close proximity to Obama and the fact he has high-level business experience. That’s a plus given two of the key economic issues at the heart of bilateral relations: getting the Keystone XL pipeline approved, and the ongoing saga to speed the flow of goods and people across the 49th parallel…
This article is available in its entirety at http://www.theglobeandmail.com/news/politics/obama-plans-to-pick-bruce-heyman-as-us-ambassador-to-canada/article14424868/#dashboard/follows/ (subscription may be required.)