Makarchuk was born in Saskatchewan in 1931. In 1959, as a first year student at the University of Toronto, Makarchuk offered to underwrite a Canadian intercollegiate hockey championship between the University of Toronto Varsity Blues men's ice hockey team and University of SaskatchewanHuskies as there was no national playoff between eastern and western Canadian regional hockey champions. The University of Saskatchewan accepted the offer but it was rejected by the University of Toronto. A national university hockey championship, the University Cup was ultimately established in 1963. He then moved to Ontario and worked as a journalist for the Brantford Expositor.