=Macaulay, Thomas Bassett, F.I.A., F.S.A., F.S.S.=, of Montreal, occupies a high position in Canadian finance, and is besides an insurance expert of international fame. He was born at Hamilton, Ont., on June 6, 1860, the son of Robertson and Barbara Maria (Reid) Macaulay, and educated at Hamilton and Montreal. He entered the service of the Sun Life Assurance Company of Canada at Montreal in 1877 and by 1880, when but twenty years of age, he had so qualified himself in the science of insurance that he was made Actuary. In 1891 he was appointed Secretary of the Company, and in 1898 was elected a Director. In 1906 he became Managing Director of the Sun Life and in 1915 President, succeeding his late father. Under his direction the company has enjoyed an immense expansion on sound and conservative lines, and its President is recognized in financial circles the world over as an expert in insurance and master of business organization. The head offices are on Dominion Square, Montreal, but it has many branches in Canada and other parts of the world. Mr. Macaulay is a Fellow of the Institute of Actuaries of Great Britain, a Charter Member of the Actuarial Society of America, and a Fellow of the Royal Statistical Society. He was elected Vice-President to represent the Actuaries of the United States and Canada at the International Congress of Actuaries held at Paris in 1900, and again at the Congress held in Berlin, Germany, 1906. He is Past President of the Life Insurance Officers’ Association of Canada. His financial interests are by no means confined to insurance however. He is a director of The National Trust Company of Toronto, a Director of the Dominion Glass Company, a Director of the Illinois Traction Company, a Director of the Western Railways and Light Company, and a Director of the Barcelona Railway, Light and Power Co. Mr. Macaulay has taken a great interest in the development of closer relations between Canada and other British possessions in North America, and is President of the Canadian and West Indian League. The Navy League of Canada, of which Mr. Macaulay is Honorary President, has his active support. His chief recreation is farming, and his hobby, the breeding of fine stock. In religion he is a Congregationalist and has been twice married, firstly in 1881 to Henrietta (deceased daughter of O. T. Bragg, New Orleans); secondly in 1912 to Margaret (deceased), daughter of Rev. William Allen, London, England. He has two sons and three daughters, and resides on Westmount Boulevard, Westmount, Quebec. * * * * *