Toronto gold heist: Thieves steal $15M of cargo at Pearson Airport Lalrp


Thieves at Canada’s busiest airport made off with gold and different valuables estimated to be price simply over $20 million Canadian {dollars} ($14.8 million), police mentioned Thursday. No arrests have been made but and an investigation is underway.

The high-profile heist occurred after a flight carrying the cargo landed at Toronto Pearson Worldwide Airport on Monday night, Peel Regional Police Inspector Stephen Duivesteyn advised reporters. After the airplane was unloaded, the cargo was delivered to a holding facility, from which it was eliminated “by unlawful means,” he mentioned.

Duivesteyn described the cargo as “common plane container” dimension and declined to offer particulars on the place the airplane got here from.

“That is an remoted incident,” he mentioned, including that the general public shouldn’t be involved. “That is very uncommon,” he mentioned.

An individual accustomed to the matter, who spoke on the situation of anonymity to debate the investigation, advised The Washington Put up that Air Canada had flown within the cargo and it was being held at a web site managed by the provider when it vanished.

The theft comes amid surging demand for gold, which jumped 18 p.c in 2022, based on the World Gold Council — a spike it attributed to the pandemic, geopolitical uncertainty and inflation.

In a press release launched late Thursday, the Larger Toronto Airports Authority mentioned they want to “make clear that thieves accessed the general public facet of a warehouse that’s leased to a 3rd occasion, outdoors of our major safety line.” The incident didn’t pose a risk to passengers, it wrote.

Pearson airport declined to remark additional on the matter, citing “an lively police investigation” in an e-mail.

The airport heist might rival a few of the extra well-known — and intriguing — thefts in Canadian historical past. Amongst them is the so-called maple syrup heist, during which 9,571 barrels of the sap, price almost 18 million Canadian {dollars} — round $13.3 million — had been secretly drained and changed with water.

Gold can be considerably considerable in Canada. In line with government information, the nation is the world’s fourth largest producer of the valuable steel and exported 21.3 billion Canadian {dollars}, or some $15.8 billion, price of it in 2021. The bulk comes from Ontario and Quebec.