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or Name
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Air Canada
Symbol AC
Shares Issued 358,424,520
Close 2023-04-20 C$ 19.22
Market Cap C$ 6,888,919,274
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Globe says Air Canada handling gold when it was stolen

2023-04-21 07:38 ET - In the News

The Globe and Mail reports in its Friday edition that thieves made off with a container holding more than $20-million worth of gold and other valuables from a cargo facility at Toronto's Pearson airport this week. The Globe's Eric Atkins writes that a container holding the precious metal arrived by plane Monday evening and was taken shortly after, Peel Regional Police Inspector Stephen Duivesteyn told reporters on Thursday at a news conference near Canada's busiest airport. He declined to name or describe the container's owner nor say when it went missing. "This high-value container was removed by illegal means," he said. The box is about the size of an aircraft shipping container, about five-feet wide. The RCMP could be asked to participate, if needed, but the investigation is in the hands of his best detectives, he said. "Our goal is to solve this theft," he said, adding that he did not know the gold's intended destination before it was stolen. Air Canada's cargo operations were handling the gold when it went missing, according to a person familiar with the situation. Air Canada spokesperson Peter Fitzpatrick declined to comment. Insp. Duivesteyn refused to speculate whether organized crime gangs were involved.

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