"Peter Reilly" was a Progressive Conservative Party of Canada/Progressive Conservative party member of the Canadian House of Commons. He was a broadcaster and journalist by career.

He was elected at the Ottawa West riding in the Canadian federal election, 1972/1972 general election and served his term 29th Canadian Parliament before being defeated in the Canadian federal election, 1974/1974 election by Cyril Lloyd Francis/Lloyd Francis of the Liberal Party of Canada/Liberal party.

During his term as Member of Parliament, Reilly was in conflict with former Prime Minister and fellow party member John Diefenbaker whom he charged was undermining the leadership of Progressive Conservative leader Robert Stanfield. This feud began in early 1973 when Stanfield, Reilly and other house members supported a federal bilingualism initiative, which Diefenbaker and several other members opposed.

Following his departure from Parliament, Reilly returned to broadcasting with CBC Television as one of the founding reporters of The Fifth Estate (TV)/the fifth estate. One of his reports was broadcast on the program 15 March 1977, the same day that he died at his Toronto residence from an apparent case of heart failure.

More Peter Reilly on Wikipedia.

There are going to be areas of the state where the economics may be poor, and those are the areas where we need government intervention. The opportunity is there for the government to partner with private industry in those areas where market economics are considered questionable for natural development.

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The advent of the Internet has allowed people like myself to take an active role. The online broker and decreasing commission costs has been a major driver of that. Without the Internet I don't think my strategy would have changed, but through the Internet I have more research.

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I'm not a market timer but it absolutely influences people. There are a number of forces that buffet the market, demographic trends that people have to save for retirement and technological changes.

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I have taken big positions in small-cap companies. There are tremendous opportunities ... to make a lot of money.

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