Suspicious Deaths of Billionaire Canada Couple Investigated

2010. Credit Janice Pinto  The Globe and Mail via REUTERS

But as word of Honey and Barry Sherman's deaths spread, neighbors, family members and people who had been touched by the billionaire couple's philanthropy found themselves poring over the final weeks of the Shermans' lives - trying to figure out why investigators had described their deaths with the word "suspicious".

Tributes have begun pouring in for Barry Sherman, founder of the pharmaceutical company Apotex, and his wife, Honey, after they were found in their Toronto home.

Police have said that they are treating their deaths as "suspicious" but have not handed over the investigation to the homicide unit at this point.

Sherman was the chairman of generic drug maker Apotex.

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.

Prime Minister Justin Trudeau wrote on Twitter that he and his wife Sophie "are saddened by news of the sudden passing of Barry and Honey Sherman".

Forbes has estimated Mr. Sherman's fortune at $3.2 billion.

Const. David Hopkinson said emergency crews were dispatched out as a medical call initially to the Sherman home, located on Old Colony Road near Bayview Avenue and Highway 401, just before 11:45 a.m. Friday.

The Sherman's had recently put their house up for sale at the price of C$7 million equal to approximately $5.4 billion.




The paper also said that the bodies were "found hanging side by side next to their indoor pool", something that other Canadian outlets later repeated, citing police sources.

Hopkinson would not confirm that the bodies are of Barry Sherman and his wife Honey Sherman.

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.

Ontario Health Minister Eric Hoskins sent a tweet expressing shock at the death of his "dear friends", who he described as "wonderful human beings". "Incredible philanthropists, great leaders in health care". They had four children. A very, very sad day.

"Today I am gutted by the loss of Honey and Barry Sherman".

The couple gave tens of millions of dollars to hospitals, universities and Jewish organizations, CBC reported.

As a producer of more than 300 generic pharmaceutical products, Apotex has itself seen a fair number of litigation issues, as companies have pushed back on its efforts to sell cheaper no-name options. "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".

Mrs Sherman sat on the boards of several hospital, charitable and Jewish foundations, and last month was awarded a Senate medal for community service.

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