Canada - Barry, 75, & Honey Sherman, 70, found dead, Toronto, 15 Dec 2017 #3

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  • #421
http://www.newswire.ca/news-release...pointed-to-the-order-of-canada-667323523.html
Statement from the Sherman Family: Dr. Barry Sherman Appointed to the Order of Canada
TORONTO, Dec. 30, 2017 /CNW/ - In the midst of this most difficult time for our family, we are proud to learn that our father, Dr. Barry Sherman, is being appointed to the Order of Canada. Until now only awarded to living Canadians, the Order of Canada is one of this nation's highest honours. To receive this honour posthumously speaks volumes about our father and confirms what we have always known, he was a true humanitarian and a great Canadian. We take comfort knowing that his countless contributions to healthcare and philanthropy have been memorialized in such an enduring manner.
rbbm.
 
  • #422
Apotex was part of the second lender. They would have no involvement in that.

As a lender you can put conditions on the terms of construction, selling, commission, etc. It looks like the builder was in a bind & had an unfinished project and needed millions or the first mortgage would foreclose and no contractors would work on the site. Builders liens can be filed within 45 days of completion of the work. Contractors know when other people on the work site are not getting paid.
 
  • #423
Actually, it's innocent until proven guilty. Not the other way around.

I can't tell you who nominated him, but it likely had much to do with his philanthropic work.

Philanthropic work is the gateway to power and control in my opinion.
 
  • #424
6 months is the max. allowed to keep Health Care etc. One doesn't HAVE to stay the max. allowable. Maybe they came and went, esp with their social calendar.

I don't think they'd be worried about healthcare...probably on a private supplementary plan already.
Although Canada has universal healthcare...we have a 2 tier system in reality, with private clinics for those who can afford to spend a few thousand a year.

What Barry would be concerned with is having to deal with the IRS, who use a different formula where they count total days over the last 3 years.
If you go every year it actually works out to be about 4 months before you have to start filing a U.S. tax return.

http://www.snowbirds.org/tax-forms
 
  • #425
I respect your choice. What I don’t like is how you keep stating your opinion as fact. A “police source” could be an officers brother for all we know. Unless a source is named and backed up it’s not fact, which is why they aren’t quoted or named.


Sent from my iPad using Tapatalk Pro

While we're in a lull waiting for more information, WSers might like reading up on unnamed sources. Here's a link to the topic from the Society of Professional Journalists: https://www.spj.org/ethics-papers-anonymity.asp
 
  • #426
I don't think they'd be worried about healthcare...probably on a private supplementary plan already.
Although Canada has universal healthcare...we have a 2 tier system in reality, with private clinics for those who can afford to spend a few thousand a year.

What Barry would be concerned with is having to deal with the IRS, who use a different formula where they count total days over the last 3 years.
If you go every year it actually works out to be about 4 months before you have to start filing a U.S. tax return.

http://www.snowbirds.org/tax-forms

I don't know if Canada is the same as where I live (universal health care too), but we can buy private insurance, but all that does is get you a nicer hospital room, nicer food and less of a wait for elective procedures like hip replacements. If you are really ill, or badly injured, you are taken to a public teaching hospital.
 
  • #427
As a lender you can put conditions on the terms of construction, selling, commission, etc. It looks like the builder was in a bind & had an unfinished project and needed millions or the first mortgage would foreclose and no contractors would work on the site. Builders liens can be filed within 45 days of completion of the work. Contractors know when other people on the work site are not getting paid.

Which story are you getting the info about the foreclosure from?
 
  • #428
I don't think they'd be worried about healthcare...probably on a private supplementary plan already.
Although Canada has universal healthcare...we have a 2 tier system in reality, with private clinics for those who can afford to spend a few thousand a year.

What Barry would be concerned with is having to deal with the IRS, who use a different formula where they count total days over the last 3 years.
If you go every year it actually works out to be about 4 months before you have to start filing a U.S. tax return.

http://www.snowbirds.org/tax-forms


When one is very ill, they are treated promptly and with the best of care. Yes, you can pay thousands and visit the Mayo Clinic in Toronto or go to a fancy place for your physical but thats not what most of us need. Wait times could improve but thats a different web site. lol

Thanks for the link re snowbirds. I'd better peruse it.
 
  • #429
Mr. Sherman had also recently made an investment in Canada's tallest planned condo tower, the One Bloor West at Yonge and Bloor Streets in downtown Toronto, with one of his companies identified as part of a partnership that is lending money to the project.

From the Globe and Mail, December 15th 2017

http://archive.fo/M1A8q#selection-7757.0-7757.256
 
  • #430
Which story are you getting the info about the foreclosure from?

I was assuming that foreclosure was a very real possibility just from what I have read about One Bloor Condos.

I said it looks like the builder was in a bind & had an unfinished project and needed millions or the first mortgage would foreclose....I did not state it as a fact.
 
  • #431
There was an announcement made by someone about murder/ suicide and that no one had entered the premises before they looked at any security information. I think it was the “source “ who said it.

How would they know without seeing footage or seeing the results of security?
 
  • #432
I was assuming that foreclosure was a very real possibility just from what I have read about One Bloor Condos.

I said it looks like the builder was in a bind & had an unfinished project and needed millions or the first mortgage would foreclose....I did not state it as a fact.
Y
They broke ground in August of this year so it seems like a lot of speculating. Why does it look that way to you? What specific facts?

Often secondary financing is part of the plan from the outset. Just because the mortgage was registered does not mean any funds were loaned yet, or the full registered amount.
 
  • #433
When one is very ill, they are treated promptly and with the best of care. Yes, you can pay thousands and visit the Mayo Clinic in Toronto or go to a fancy place for your physical but thats not what most of us need. Wait times could improve but thats a different web site. lol

Thanks for the link re snowbirds. I'd better peruse it.

Yeah, joining a private clinic in Vancouver lets you avoid the waiting lists for elective procedures, you still have to deal with the ER like everyone else.

The IRS has a exemption for foreign income...I think it's $80k, maybe $100k.
Most CDN snowbirds would fall below it especially in retirement income...Barry would definitely be above...
 
  • #434
  • #435
Y
They broke ground in August of this year so it seems like a lot of speculating. Why does it look that way to you? What specific facts?

Often secondary financing is part of the plan from the outset. Just because the mortgage was registered does not mean any funds were loaned yet, or the full registered amount.

Perhaps I have the wrong One Bloor Condos. I think there may be a west and east tower, and maybe I am looking at the wrong one. I think it is the one that another user mentioned that deposits were returned and units resold at much higher prices.


https://condonow.com/One-Bloor-Condo

https://en.wikipedia.org/wiki/One_Bloor
 
  • #436
Thanks for your tactful and compassionate response. It’s awful that your generics are so high, despite a health care system that is envied by many. Will google.

I don't envy their healthcare system. They pay a lot more in taxes than we in the US do. Nothing is free.
 
  • #437
What I don’t understand is if the police are openminded re murder or murder|/ suicide, until it’s known for sure, shouldn’t they be operating a high profile in your face murder case, begging the media for help, keeping it in the public eye, They can’t afford to stuff this one up, yet all we have is silence.

I'd imagine the TPS has to get the case sorted and have some suspects first. If they cannot locate the suspects or are looking for something specific, thats when they might ask for help.

It has only been 2 weeks and one day since they found the Shermans. Only on tv do things get sorted quickly. A proper investigation takes time and a lot of hard work, esp on most unusual cases, this being one of them.
 
  • #438
I'd imagine the TPS has to get the case sorted and have some suspects first. If they cannot locate the suspects or are looking for something specific, thats when they might ask for help.

It has only been 2 weeks and one day since they found the Shermans. Only on tv do things get sorted quickly. A proper investigation takes time and a lot of hard work, esp on most unusual cases, this being one of them.

"Toronto homicide Det. Brandon Price told reporters outside the couple's home on Friday that police "cannot say 100 per cent with certainty" whether or not foul play was involved. Police have said there were no signs of forced entry into the home, and that police were not searching for any outstanding suspects."

http://www.cbc.ca/news/canada/toronto/shermans-remembered-1.4455238
 
  • #439
Mr. Sherman had also recently made an investment in Canada's tallest planned condo tower, the One Bloor West at Yonge and Bloor Streets in downtown Toronto, with one of his companies identified as part of a partnership that is lending money to the project.

From the Globe and Mail, December 15th 2017

http://archive.fo/M1A8q#selection-7757.0-7757.256

See his fingers are in everything. There is no way this guy killed himself, no way
 
  • #440
So someone mentioned a possible hit from a rival company. What about the cousins?
 
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