Canadian billionaire and wife found dead in 'suspicious' circumstances in Toronto home

Jon Howard
December 17, 2017

The police found the bodies of Sherman, the owner of Canadian pharmaceutical firm Apotex, and his wife Honey on Friday evening, after they responded to a "medical complaint", reports CTV news.

The real estate agent who had been helping to sell the pair's North York home found the bodies.

Staff Sgt. Jeff Taylor of Toronto police's 33 Division said officers were called shortly before noon to the home at 50 Old Colony Rd., near Bayview Ave. and Highway 401. "We are treating the deaths as suspicious", Toronto Police Constable David Hopkinson said in a phone interview.

Two bodies covered in blankets were later seen being removed from the house.

The Shermans, who had four children, were major donors to hospitals, universities and Jewish organisations.

Prime Minister Justin Trudeau and his wife Sophie Gregoire Trudeau were among those to offer a tribute to the couple through social media.

Sherman faced legal action from family members alleging they had been cut out of the company over the years.

According to Forbes, Sherman, 75, was the 12th richest man in Canada and ranked 660th among world's billionaires, with an estimated net worth of $3.2 billion, as recorded in March 2017.

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In a statement, Apotex said Sherman grew the company from its "humble" roots to become a successful pharmaceutical firm with 6,000 employees in 21 sites across Canada.

"Our condolences to their family & friends, and to everyone touched by their vision & spirit", Trudeau wrote on Twitter. Neighbours confirmed that the property was the couple's home.

Ontario's health minister, Dr. Eric Hoskins, said the couple had been discovered dead.

The Toronto Sun reported Saturday that Honey Sherman may have been killed elsewhere in the mansion - leading police to suspect a murder suicide since there was no sign of forced entry.

"Wonderful human beings, incredible philanthropists, great leaders in health care".

Toronto Mayor John Tory said in statement he was "shocked and heartbroken" to learn of the deaths, noting that the couple had made extensive contributions to the city.

He added that he hoped the police investigation would provide answers for those who were mourning the loss.

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