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Before entering elected politics, Laughren taught Economics at Cambrian College in Sudbury.
He served as the Minister of Finance and Deputy Premier in Bob Rae's government from 1990 to 1995. During this time, Laughren was nicknamed "Pink Floyd" by the conservative media.
He retired in 1998, accepting an appointment to chair the Ontario Energy BoardThe Ontario Energy Board (OEB) is a Crown corporation responsible for regulating natural gas and electricity utilities in the province of Ontario, Canada. This includes setting rates and approving the Independent Electricity Market Operator (IMO)'s budget. He was replaced by Blain MorinBlain Morin was a Canadian politician, who represented the Sudbury, Ontario riding of Nickel Belt from 1998 to 1999 in the Legislative Assembly of Ontario. He was a member of the Ontario New Democratic Party. Morin replaced Floyd Laughren, who retired in in a 1998 byelection. When the ridings of Nickel Belt and Sudbury EastSudbury East was a provincial electoral riding in the Canadian province of Ontario, which existed from 1967 to 1999. It served the easternmost portion of the former city of Sudbury, the eastern portion of the Regional Municipality of Sudbury, and several were merged for the Ontario general election, 1999, Sudbury East incumbent Shelley MartelShelley Martel (born April 8, 1963 in Sudbury, Ontario) is a politician in Ontario, Canada. She is currently a member of the Legislative Assembly of Ontario, representing the riding of Nickel Belt for the Ontario New Democratic Party. She previously repre won the NDP nomination in the expanded Nickel Belt riding, and won the election.
Laughren, Floyd Laughren, Floyd