Update:

Police say a second victim has lost their life after two boats collided on Lake Joseph near Parry Sound.

48-year-old Susanne Brito from Uxbridge, Ont., succumbed to her injuries sustained in Saturday's crash.

CTV News has learned that reality TV star Kevin O'Leary was aboard the other vessel. involved in the incident.

"On late Saturday night I was a passenger in a boat that was involved in a tragic collision with another watercraft," O'Leary said in a statement issued on Wednesday. "My heartfelt prayers and condolences to the victims, the families and those affected by this loss."

Original:

Ontario Provincial Police in the Parry Sound area are investigating a fatal boat crash.

Officials say it happened Saturday, August 24 at 11:30 p.m. and involved two vessels on Lake Joseph near Emerald Island in Seguin Township.

A 64-year-old man from Florida has died, while a 48-year-old woman from Markham has serious injuries as a result of the crash.

Anyone with information is asked to contact the OPP.