Background
Wallace McCutcheon was born in London, Ontario.
Wallace McCutcheon was born in London, Ontario.
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.
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. McCutcheon provided financial support for the Progressive Conservative Party of British Columbia in the 1963 provincial election.
He was also a fundraiser for the University of Toronto. McCutcheon ran as an unabashed "small-c conservative", id est (that is), a candidate of the party"s right-wing.
He had considerable support and financing from Bay Street, Toronto"s financial district.
He used dozens of attractive young women in his demonstration at the convention (dubbed "blonde goddesses" by the Toronto Star), and advocated a guaranteed annual income of $10,000 per adult as an alternative to the various social programs offered by different levels of government. He also advocated a "made-in-Canada" constitution to replace the British North America Acts and to guarantee the rights of Canadians, including language and cultural rights. He opposed public medicare.
He resigned from the Senate on May 13, 1968, in order to contest the 1968 federal election as the Progressive Conservative candidate in the Ontario riding of York—Simcoe.
McCutcheon died in 1969, at the age of 62.
He campaigned aggressively against "big government" and "creeping socialism".
During World World War II, he was a member of the Wartime Prices and Trade Board. His promotion was generally regarded as a move to shore up support for the Progressive Conservatives among members of Canada"s financial sector.