Clarence Wallace CBE OD (June 22, 1893 – November 12, 1982) was a Canadian shipbuilder and the 18th Lieutenant Governor of British Columbia.

Born in Vancouver, British Columbia, he fought in World War I and was wounded at Ypres.

After the war, he became the president of his father's business, Burrard Dry Dock.

He was appointed a Knight of Grace of the Order of St. John of Jerusalem.

He died at his winter residence in Palm Desert, California in 1982.