Proactive Investors - Air Canada ({{TSX:AC.B)'s shares have fallen following reports that the airline was handling $20 million in cargo including gold and other valuable items that were stolen from Toronto’s Pearson Airport.
A source familiar with the investigation told CTV News that Air Canada (TSX:AC.B)’s cargo operations were in possession of the goods, which arrived by airplane early on Monday evening, when they disappeared.
A spokesperson for the airline told CTV news they had “no information to provide,” about the matter.
Peel Regional Police told reporters at a press conference on Thursday that the airplane had arrived on Monday evening according to normal procedures and its cargo was taken to an airport holding facility before it was removed by “illegal means.”
“What I can say is that the container [had] a high-value shipment. It did contain gold but was not exclusive to gold and contained other items of monetary value,” Peel Regional Police Inspector Stephen Duivesteyn said, as reported by The Guardian.
Duivesteyn declined to name the airline involved or where the plane had arrived from, stating that this could impact the investigation.
Shortly after the theft was discovered, it was reported. No arrests have been made.