The Honourable Malcolm Wallace McCutcheon PC CBE QC |
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Senator for Gormley, Ontario | |
In office 1962–1968 |
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Appointed by | John Diefenbaker |
Personal details | |
Born |
London, Ontario |
May 18, 1906
Died | January 23, 1969 | (aged 62)
Political party | Progressive Conservative |
Cabinet | Minister without portfolio (1962-1963) Minister of Trade and Commerce (1963) |
Malcolm Wallace McCutcheon, PC CBE QC (May 18, 1906 – January 23, 1969), known as Wallace McCutcheon, was a Canadian lawyer, actuary and politician.
Wallace McCutcheon was born in London, Ontario. During World War II, he was a member of the Wartime Prices and Trade Board.
Together with Edward Plunkett Taylor and Colonel W. Eric Phillips, he was a founder of the Argus Corporation, an investment company that controlled a variety of businesses, including Massey-Ferguson farm machinery and Dominion grocery stores.
He was appointed to the Canadian Senate on August 9, 1962, on the recommendation of Prime Minister John Diefenbaker. McCutcheon sat in the caucus of the Progressive Conservative Party of Canada and represented the senatorial division of Gormley, Ontario.
He served as a Minister without portfolio in Diefenbaker's government from his appointment to February 11, 1963, when he was promoted to Minister of Trade and Commerce. His promotion was generally regarded as a move to shore up support for the Progressive Conservatives among members of Canada's financial sector.
The Progressive Conservatives were defeated in the 1963 federal election, and the Diefenbaker government resigned on April 21, 1963. McCutcheon later supported Dalton Camp's efforts to call a leadership review and remove Diefenbaker as party leader.