Canadian billionaires Barry and Honey Sherman found dead at home in Toronto

For The Globe and Mail

Investigators are awaiting the results of autopsies performed on Apotex founder Barry Sherman and his wife Honey before determining next steps in the ongoing probe into their suspicious deaths, police said Saturday.

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

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.

"Until we know exactly how they died we treat it as suspicious and once a determination has been made with the pathologist and the coroner then we move forward from there", Const. David Hopkinson told reporters on Friday evening.

Mr Sherman was the chairman of generic drug-maker Apotex, which he founded in 1974 with two employees. His wealth amounted to about $3 billion, according to Forbes magazine, which lists Sherman as the 12th richest Canadian businessman.

Investigators are still attempting to "determine if there is foul play involved or not", Detective Brandon Price told reporters, "and at this point we can not say 100% with certainty if there is or there is not". However, today, the company employees more than 10,000 workers as Apotex has transformed into one of Canada's largest pharmaceutical companies.

Ontario Health Minister Eric Hoskins sent a tweet expressing shock at the death of his "dear friends", who he described as "wonderful human beings". For more than a decade, Barry Sherman had been involved in an acrimonious legal battle with three cousins and the widow of a fourth - sons of the uncle who instructed him in the generic-drug business that preceded Apotex. Those include manufacturing and research facilities concentrated in the Toronto area as well as in Winnipeg.

Their neighbors, business associates and some of Canada's most powerful politicians said they were saddened by the deaths. "My dear friends Barry and Honey Sherman have been found dead". She also served on the boards of Mount Sinai's Women's Auxiliary, the Simon Wiesenthal Center and the International American Joint Distribution Committee.

Apotex said in a statement: "All of us at Apotex are deeply shocked and saddened by this news and our thoughts and prayers are with the family at this time".

He also declined to say when the Shermans were last seen alive.

The Shermans have handed out millions of dollars to hospitals, universities and the United Jewish Appeal.

Honey, who also graduated from the University of Toronto, was a member of the board of the Baycrest Foundation and the York University Foundation. She had been chair of the Jewish Foundation of Greater Toronto and the Holocaust Education Centre.

Related news:

Hot News

isis-killer-beheading-video-story-top Floyd Mayweather vs Conor McGregor managed 4.3m PPV buys
Dec 17, 2017 - 01:38
Mayweather has been enjoying retirement, while the UFC star has been involved in a number of controversies in recent months. Last week, Pacquiao admitted he'd opened talks with McGregor over a big-money fight in April next year.

isis-killer-beheading-video-story-top Mark Hamill reveals he had secret fling with Carrie Fisher
Dec 16, 2017 - 06:01
Little Gary , who proudly rocks his floppy tongue, came into Fisher's life as her therapy dog, but it didn't take long to realise that the two were best friends.

isis-killer-beheading-video-story-top Tidal is reportedly having money problems
Dec 16, 2017 - 06:00
Tidal continues to attract subscribers and thus continues to struggle financially, even after the investment from Sprint . Jay Z performs onstage during TIDAL X: Brooklyn at Barclays Center of Brooklyn on October 17, 2017, in NY .

isis-killer-beheading-video-story-top The Kings blame Joel Embiid for loss
Dec 16, 2017 - 05:59
Maybe Wolves coach Tom Thibodeau should send Embiid a thank you card, or at least an Instagram message. I have to be better next game". "My teammates trust me with the assignment and I failed them".

isis-killer-beheading-video-story-top New York Jets DE Muhammad Wilkerson will not travel to New Orleans
Dec 16, 2017 - 05:57
It marked the third straight year that Wilkerson had been benched for a quarter for disciplinary reasons, according to ESPN. Wilkerson, who signed a five-year, $86 million contract in July 2016, has only eight sacks in 28 games since the new deal.

isis-killer-beheading-video-story-top Knifeman Shot at Amsterdam Airport
Dec 16, 2017 - 05:57
In a Tweet, the police said the man was "known to police in connection with previous violent incidents". Schiphol is one of Europe's busiest airports and Friday is one of its busiest days of the week.

isis-killer-beheading-video-story-top Salman Khan's Swag Se Swagat gets an Arabic version
Dec 15, 2017 - 08:24
Katrina Kaif , Salim Khan, Helen, Salman Khan , Baba Siddique, Priya Dutt and many more graced the book launch. The upcoming film is the sequel to the 2012 actioner Ek Tha Tiger , which was directed by Kabir Khan.

isis-killer-beheading-video-story-top Washington Redskins name change hoax goes viral
Dec 15, 2017 - 06:42
Earlier today, a series of stories appeared to hit major news organizations like the Washington Post and Sports Illustrated . Redskins owner Daniel Synder has said the team will never change its name, citing the organization's "great tradition".

isis-killer-beheading-video-story-top The best meteor shower of the year happens tonight
Dec 15, 2017 - 06:37
The Geminids meteor shower will be visible in the night sky between the late evening hours of Wednesday and pre-dawn Thursday. A meteor shower is caused when the earth passes through dust and debris left behind from a previous comet or asteroid.

isis-killer-beheading-video-story-top S. African court blasts Zuma, orders `state capture' inquiry to proceed
Dec 15, 2017 - 05:06
Venter, however, adds that Zuma will be able to challenge the court ruling, but seldom with a full bench. The 75-year old President Zuma has faced corruption allegations since taking office in 2009.

isis-killer-beheading-video-story-top Flu-related deaths higher than previously reported
Dec 14, 2017 - 16:13
Most importantly, a flu shot won't ever give you the flu, since the virus that's injected is not live. As a result of the season, Good Shepherd has adjusted its visiting guidelines.

isis-killer-beheading-video-story-top Samsung Notebook 9 laptops get refreshed for 2018, new models launched
Dec 14, 2017 - 16:09
Samsung has officially unveiled a new 2-in-1 device called Notebook 9 Pen along with three variants of the Notebook 9 (2018). The device makes use of the 8th generation Intel Core i7 processor paired with up to 16GB RAM and up to 512GB storage space.

isis-killer-beheading-video-story-top Matt Lauer's Name Is Google's Second-Most Searched Term In America
Dec 14, 2017 - 16:09
"How to buy Bitcoin " was the second most asked "How to" question of the year, with " How to mine Bitcoin " in sixth place. In the tech category, the iPhone 8 , iPhone X and Nintendo Switch were at the top of the category.

isis-killer-beheading-video-story-top Google's Return to China Foretells a Global Race to Deliver AI
Dec 14, 2017 - 16:01
All three winning teams of the ImageNet Challenge in the past three years have been largely composed of Chinese researchers. Google effectively left China in 2010 , but the country's 730 million internet users make it too large a market to ignore.

isis-killer-beheading-video-story-top U.S. willing to begin direct talks with North Korea without preconditions: Tillerson
Dec 14, 2017 - 15:59
The policy would mark a striking departure from Washington's insistence that North Korea must dismantle its nuclear program first. The White House has actually undermined Tillerson's diplomatic efforts regarding North Korea in the past.