TORONTO – In a significant development in the legal saga involving billionaire businessman Frank Stronach, it has been announced that he will stand trial next year in Toronto concerning allegations of sexual assault. The trial is set to commence in February 2026 and will be conducted before a judge alone, following a change from a jury trial, which was made with the consent of the Crown during a court hearing.
Stronach's defense lawyer, Leora Shemesh, confirmed that her client has pleaded not guilty to the 12 charges he faces in Toronto. These charges form part of a broader case in which Stronach is accused of a total of 18 counts that involve 13 complainants from various locations across Ontario.
The nature of the charges includes serious allegations such as sexual assault and indecent assault, some of which date back several decades. Stronach, who is now 92 years old and known as the founder of the auto parts giant Magna International, has consistently denied all allegations levied against him. His legal team has asserted his innocence as they prepare for the upcoming trial.
Additionally, it is important to note that Stronach is expected to face another trial in Newmarket, Ontario, later in 2026. This anticipation stems from the splitting of the original case into two separate proceedings, a decision that was made last year.
Frank Stronach's significant presence in the Canadian business arena, where he gained immense wealth and prominence, adds a layer of complexity to the case. As the founder of a leading automotive components supplier, his historical achievements and contributions to the industry have made him a well-known figure both in Canada and abroad. However, the current legal challenges he faces paint a contrasting picture, positioned against his otherwise successful career.
The entire situation continues to develop as the legal proceedings unfold, drawing attention not only for the nature of the charges but also for the implications of such serious accusations against a high-profile businessman.
This report reflects the state of the case as of June 26, 2025, and further updates are expected as the trial date approaches.
