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HomeCANADAGold Stolen in Toronto Airport Heist Likely Overseas, Police Say; Investigation Costs...

Gold Stolen in Toronto Airport Heist Likely Overseas, Police Say; Investigation Costs $5.3 Million, Could Reach $10 Million

July 6: The dramatic heist at Toronto Pearson International Airport, where over $20 million worth of gold and cash was stolen, remains an unresolved mystery. The theft involved 6,600 gold bars that were transported from Zurich, Switzerland, and went missing from an Air Canada cargo facility. Multiple arrests have been made, including former Air Canada employees, but most of the stolen gold is still unaccounted for. Investigators suspect that the gold has been smuggled overseas. The investigation, which has already cost $5.3 million, could potentially reach $10 million as efforts to recover the assets continue​.

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