From the May 2024 issue of Toronto Life

The Professor, The Caregiver and The Missing $30 Million

Before he died, William Waters transferred his fortune to his wife’s caregiver. His lawyers say she coerced him. She says they were having an affair. The untold story of a scandalous estate battle

When William Waters was a newborn, his mother placed him in a basket and abandoned him on the front steps of an orphanage. It was 1932, the nadir of the Great Depression, and few families in Orangeville—then a rural town of 2,600—were in a position to adopt. So little Bill went home with the only woman who offered to take him: a 51-year-old seamstress named Edith Waters. Single and childless, she doted on her son and, as he grew older, encouraged his entrepreneurial spirit.

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