Memorable Manitobans: Douglas Dennison “Doug” Peters (1930-2016)
Banker, economist, politician.
Born at Brandon on 3 March 1930, son of Wilfrid Seymour Peters and Mary Gladys Dennison (1889-1960), after abortive studies in medicine at the University of Manitoba, in 1949 he began studying Commerce at Queen's University but left after a year. He worked at various jobs in retail banking with the Bank of Montreal at Winnipeg until 1959. After a year as Assistant Manager of the Bank of Montreal branch at Swift Current, Saskatchewan, he returned to Queen's and graduated at the top of his class in 1963.
He spent three years (1963-1966) in a doctoral program at the University of Pennsylvania, ultimately received a degree in 1969. He was Chief Economist for the Toronto-Dominion Bank from 1966 to 1992, during which period he was seconded to the federal Department of Finance (1983-1985). In the 1993 federal general election, he was elected as a Liberal to represent a Toronto-area riding and subsequently served as Secretary of State for International Financial Institutions. He chose not to stand for re-election in 1997 when he found that his views on economics were being ignored. He lived in retirement at Toronto until his death.
In 1954, he married Audrey Catherine Clark (1928-2007) and they had two children.
He died while visiting Amsterdam, The Netherlands on 7 October 2016.
Wilfrid S. Peters, Geni.
Douglas Peters, Wikipedia.
Page revised: 21 December 2020