Donald Stovel Macdonald

Donald Stovel Macdonald, PC, CC (born March 1, 1932) is a former Canadian Liberal politician and Cabinet minister. Macdonald graduated from the University of Trinity College in the University of Toronto in 1952. He was first elected to the Canadian House of Commons in the 1962 election as the Liberal Member of Parliament for Rosedale riding in Toronto. He joined the Cabinet of Pierre Trudeau in 1968 as minister without portfolio, and subsequently... more

Donald Stovel Macdonald, PC, CC (born March 1, 1932) is a former Canadian Liberal politician and Cabinet minister. Macdonald graduated from the University of Trinity College in the University of Toronto in 1952. He was first elected to the Canadian House of Commons in the 1962 election as the Liberal Member of Parliament for Rosedale riding in Toronto. He joined the Cabinet of Pierre Trudeau in 1968 as minister without portfolio, and subsequently served as President of the Privy Council, Minister of National Defence, Minister of Energy, Mines and Resources and Minister of Finance. As Finance Minister, Macdonald introduced wage and price controls in an attempt to control inflation. Macdonald resigned from Cabinet in 1977 to return to his law practice. When Pierre Trudeau announced his resignation as leader of the Liberal Party of Canada following his defeat in the 1979 election, Macdonald would have declared his candidacy for the position. However, with the unexpected defeat of Joe... less