Background
Born in Fraserburgh, Scotland, the son of Kenneth Macaulay and Margaret Noble, Macaulay emigrated to Canada in 1854 settling in Quebec.
Born in Fraserburgh, Scotland, the son of Kenneth Macaulay and Margaret Noble, Macaulay emigrated to Canada in 1854 settling in Quebec.
In 1856, he started working at the Canada Life Assurance Company as an accountant where he would remain until 1872 rising to become chief accountants He worked for the Mutual Life Association of Canada until becoming secretary of the Sun Mutual Life Insurance Company of Montreal (later the Sun Life Assurance Company of Canada). In 1884, he was appointed managing director and was named president in 1889 succeeding the first president, Thomas Workman.
He died in 1915 in Montreal.