Douglas Dennison Peters, (March 3, 1930 – October 7, 2016) was a
Canadian
Canadians (french: Canadiens) are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of ...
banker
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...
,
economist
An economist is a professional and practitioner in the social sciences, social science discipline of economics.
The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
, and
politician
A politician is a person active in party politics, or a person holding or seeking an elected office in government. Politicians propose, support, reject and create laws that govern the land and by an extension of its people. Broadly speaking, a ...
.
Life and career
Peters was born in
Brandon, Manitoba
Brandon () is the second-largest city in the province of Manitoba, Canada. It is located in the southwestern corner of the province on the banks of the Assiniboine River, approximately west of the provincial capital, Winnipeg, and east of the ...
, the son of Mary Gladys (née Dennison) and Dr. Wilfrid Seymour Peters.
In 1954, he married Audrey Catherine Clark (December 2, 1928 – August 2, 2007).
He had two children, including professor
David Wilfrid Peters
David (; , "beloved one") (traditional spelling), , ''Dāwūd''; grc-koi, Δαυΐδ, Dauíd; la, Davidus, David; gez , ዳዊት, ''Dawit''; xcl, Դաւիթ, ''Dawitʿ''; cu, Давíдъ, ''Davidŭ''; possibly meaning "beloved one". w ...
, and two grandchildren, including actor
Keir Gilchrist
Keir David Peters Gilchrist (; born 28 September 1992) is a Canadian actor and musician. On television, he portrayed Marshall Gregson on the Showtime comedy-drama ''United States of Tara'' (2009–2011) and headlined the Netflix comedy-drama '' ...
.
[
He received a Bachelor of Commerce degree from ]Queen's University Queen's or Queens University may refer to:
*Queen's University at Kingston, Ontario, Canada
*Queen's University Belfast, Northern Ireland, UK
**Queen's University of Belfast (UK Parliament constituency) (1918–1950)
**Queen's University of Belfast ...
in 1963 and a PhD from the Wharton School
The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in P ...
at University of Pennsylvania
The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universitie ...
in 1969 where he was classmates with two other well-known Canadian economists, Arthur Donner
Arthur is a common male given name of Brythonic origin. Its popularity derives from it being the name of the legendary hero King Arthur. The etymology is disputed. It may derive from the Celtic ''Artos'' meaning “Bear”. Another theory, more wi ...
and Robert Rabinovitch
Robert Rabinovitch (born March 1, 1943) is a Canadian public servant and businessman who was President and Chief Executive Officer of the Canadian Broadcasting Corporation .
After serving as chief economist and senior vice-president of the Toronto-Dominion Bank
Toronto-Dominion Bank (french: links=no, Banque Toronto-Dominion), doing business as TD Bank Group (french: links=no, Groupe Banque TD), is a Canadian Multinational corporation, multinational banking and financial services corporation headquarte ...
, Peters entered politics in the 1993 election. He was elected as the Liberal
Liberal or liberalism may refer to:
Politics
* a supporter of liberalism
** Liberalism by country
* an adherent of a Liberal Party
* Liberalism (international relations)
* Sexually liberal feminism
* Social liberalism
Arts, entertainment and m ...
Member of Parliament
A member of parliament (MP) is the representative in parliament of the people who live in their electoral district. In many countries with bicameral parliaments, this term refers only to members of the lower house since upper house members of ...
for Scarborough East
Scarborough East was a Canadian electoral district represented in the House of Commons of Canada from 1968 to 2003.
It initially consisted the eastern part of the Borough of Scarborough, although its boundaries were adjusted several times. It ...
. Prime Minister
A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister is not ...
Jean Chrétien
Joseph Jacques Jean Chrétien (; born January 11, 1934) is a Canadian lawyer and politician who served as the 20th prime minister of Canada from 1993 to 2003.
Born and raised in Shawinigan Falls, Quebec, Chrétien is a law graduate from Uni ...
appointed Peters to the position of Secretary of State for International Financial Institutions. Peters retired from politics at the 1997 election.
In 1979, Peters and Arthur Donner
Arthur is a common male given name of Brythonic origin. Its popularity derives from it being the name of the legendary hero King Arthur. The etymology is disputed. It may derive from the Celtic ''Artos'' meaning “Bear”. Another theory, more wi ...
wrote a book titled ''The Monetarist Counter-revolution: A Critique of Canadian Monetary Policy, 1975-1979''. Douglas Peters and David Wilfrid Peters
David (; , "beloved one") (traditional spelling), , ''Dāwūd''; grc-koi, Δαυΐδ, Dauíd; la, Davidus, David; gez , ዳዊት, ''Dawit''; xcl, Դաւիթ, ''Dawitʿ''; cu, Давíдъ, ''Davidŭ''; possibly meaning "beloved one". w ...
authored an article titled "Reforming Canada's Financial Services Sector: What Needs to Follow from Bill C8", that appeared in the December 2001 issue of the ''Canadian Public Policy'' journal.
According to author Linda McQuaig
Linda Joy McQuaig is a Canadian journalist, columnist, non-fiction author and social critic. She is best known for her series of best-selling books that challenge the dominant free-market economic ideology of recent decades. Her books make the c ...
, Peters took a Keynesian
Keynesian economics ( ; sometimes Keynesianism, named after British economist John Maynard Keynes) are the various macroeconomic theories and models of how aggregate demand (total spending in the economy) strongly influences economic output and ...
economic prescription to government, and decided to leave politics when he found that his views were largely ignored.
References
External links
*
{{DEFAULTSORT:Peters, Douglas
1930 births
2016 deaths
Businesspeople from Brandon, Manitoba
Canadian bankers
Canadian economists
Liberal Party of Canada MPs
Members of the 26th Canadian Ministry
Members of the House of Commons of Canada from Ontario
Members of the King's Privy Council for Canada
Politicians from Brandon, Manitoba
Queen's University at Kingston alumni
Wharton School of the University of Pennsylvania alumni