John Angus McDougald

John Angus McDougald

John Angus McDougald, "Bud," financier (b at Toronto 14 Mar 1908; d at Palm Beach, Fla 15 Mar 1978). An intensely private man fascinated by power, Bud McDougald developed ARGUS CORPORATION into one of Canada's dominant corporate entities. The son of a wealthy Toronto financier, McDougald began his career as a clerk for Dominion Securities at age 18. He quickly worked his way up through the corporate structure while at the same time developing outside financial activities. He left DS in 1945 to form a partnership with E.P. TAYLOR in a promotional company, Taylor, McDougald and Company Ltd. Ten years later he was made a director of Argus Corp, a holding company set up by Taylor to control his industrial interests. In 1969 McDougald became chairman of Argus which by then controlled 6 of Canada's leading industrial concerns, a position which saw him safely ensconced as a dominant member of Canada's BUSINESS ELITE.