Economy

Canadian billionaire, spouse discovered lifeless of their Toronto dwelling

Canadian billionaire, spouse discovered lifeless of their Toronto dwelling

Barry and Honey Sherman were found dead in their Toronto mansion.

Police said they learned of the deaths after responding to a midday (1700 GMT) medical call at the Sherman's home in an affluent section of northeast Toronto. They would not confirm that the two bodies were the Shermans but say they are treating the deaths as "suspicious".

In a statement, Apotex confirmed the Shermans had been killed: "We've been informed of the tragic news that Barry and Honey Sherman have unexpectedly passed away".

Sherman, the 75-year-old founder of generic drug giant Apotex, was one of the richest men in the country, with an estimated net worth of $4.6 billion approximately, according to reports.

It is reported the bodies of Barry and Honey Sherman were discovered in their basement in Toronto on Thursday.

Apotex posted a message on its website Saturday paying tribute to Mr. Sherman's entrepreneurial and philanthropic efforts. "If it is determined to be a homicide, then our investigators from homicide will come in".

Sherman founded Apotex in 1974.

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The mayor of Toronto John Tory through a prepared statement said he was heartbroken and shocked when he learned of the couple's death, noting the couple had made many contributions to the city.

If the autopsies indicate that a homicide has occurred, the police's homicide squad will take over the investigation and detectives will talk to family members before they update the public, he said.

Honey was on the board of governors at York University, the Baycrest Foundation and Mount Sinai Hospital.

Canadian Prime Minister Justin Trudeau extended his condolences "to their family and friends, and to everyone touched by their vision and spirit".

Police have not released any names but the province's Health Minister Eric Hoskins, tweeted about the deaths writing "I am beyond words right now".

Police have issued few details about the circumstances of the deaths of Barry and Honey Sherman.

"Toronto Police are investigating, and I hope that investigation will be able to provide answers for all of us who are mourning this tremendous loss", Mr.


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