William Wallace (February 4, 1820 – August 28, 1887) was a Canadian journalist and political figure.

He represented Norfolk South in the House of Commons of Canada from 1872 to 1882 as a Conservative member.

He was born near Galston, Ayrshire, Scotland, the son of John Wallace, and came to Canada around 1840.

Wallace settled at Simcoe, Ontario and established a newspaper there, the British Canadian, as well as operating a printing business.

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