Police are investigating the deaths of Toronto billionaire Barry Sherman and his wife, Honey, as a murder-suicide.
A Toronto police source told the Globe investigators are working on the theory that Mr. Sherman killed his wife and then took his own life.
The real estate agent who had been helping to sell the pair's North York home found the bodies Friday morning.
Police services spokesman Mark Pugash would not confirm any details of the case, only stating the homicide squad is involved in the investigation. "Homicide is working with 33 Division on this until we get the post mortem. When we get the post mortem result, that should give us a good indication of where the investigation goes from there," he told The Globe.
There was no sign of forced entry to the home. There was no note left behind to explain what had happened, the source said.
The Shermans had just put their house on Old Colony Road up for sale for $6.9-million.
Sherman's company Apotex released a statement late Friday confirming the deaths: "We've been informed of the tragic news that Barry and Honey Sherman have unexpectedly passed away. 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."
Police have been tight-lipped about the case and have not publicly updated the investigation Saturday. They would not confirm that the two bodies were the Shermans but say they are treating the deaths as "suspicious."
Speaking to reporters at the scene Friday, police spokesman Constable David Hopkinson would not say if there were signs of trauma on the bodies. If the investigation suggested foul play was involved, the homicide squad would be called in, he said. Constable Hopkinson said police did not believe there was a threat to public safety.
A Toronto police source said their bodies were found Friday at the edge of their basement pool, hanging from a railing that surrounded the pool. Investigators are working on the theory that Mr. Sherman killed his wife, hung her body and then hanged himself at the pool's edge, the source said.
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