William McMaster Founder of McMaster University

A Quiet Encounter with William McMaster

On a recent walk through Mount Pleasant Cemetery in Toronto—just behind the grave of cookie magnate “Mr. Christie”—I came across the final resting place of William McMaster.

A 19th-century entrepreneur, William built his fortune as a wholesaler before turning to finance. He went on to found the Canadian Bank of Commerce, a major pillar in what would eventually become CIBC—one of Canada’s “Big Five” banks.

Alongside his second wife, Susan (née Moulton), William was also a generous philanthropist. The couple donated large sums to support various causes across Toronto, including the construction of several Baptist churches—most notably the Jarvis Street Baptist Church, which still stands at Gerrard Street today. Through the wealth of Susan’s family, they also helped fund the early development of Toronto’s Hospital for Sick Children.

But perhaps William McMaster’s most enduring legacy is in education. Upon his death, he left funds to endow a new university. That vision came to life in 1887 when McMaster University was founded through the merger of Toronto Baptist College and Woodstock College.

In 1887 McMaster University was founded at present day Royal Conservatory of Music, Toronto (black & white photos). In 1930, McMaster moved to Hamilton, Ontario (colour photo). 

Originally located in Toronto—on the site now occupied by the Royal Conservatory of Music—McMaster University eventually outgrew its urban home. In 1930, after a donation of land, it relocated to Hamilton, Ontario. Today, McMaster is one of Canada’s top research institutions and home to one of the country’s leading medical schools.

1811-1887

Immediately behind Mr. Christie’s  (cookie maker) grave is the striking monument of William McMaster.