Doug Peters
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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 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 markets. Becaus ...
,
economist An economist is a professional and practitioner in the 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 field there are ...
, 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 ...
.


Life and career

Peters was born in Brandon, Manitoba, 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, 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 in 1963 and a PhD from the
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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 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 banking and financial services corporation headquartered in Toronto, Ontario. T ...
, Peters entered politics in the 1993 election. He was elected as the
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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 i ...
Jean Chrétien 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 wrote a book titled ''The Monetarist Counter-revolution: A Critique of Canadian Monetary Policy, 1975-1979''. Douglas Peters and David Wilfrid Peters 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, 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 an ...
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