Canadian Police Investigating $15M Heist at Toronto Airport

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The Facts

  • Canadian police are investigating a major heist at Toronto’s Pearson International Airport in which approximately CAD $20M (US $14.8M) of gold and other valuable assets vanished on Monday.

  • Peel Police Inspector Stephen Duivesteyn spoke to the media Thursday and said a "high-value container" was stolen after it was off-loaded into a holding cargo facility from a plane that had arrived at Canada’s busiest airport.

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The Spin

Narrative A

Regional and national police are looking into this massive heist. There isn’t much information available at this time, but investigators believe this is an isolated incident that doesn't appear to be a professional job. Thefts like this are rare in Canada, and authorities will get to the bottom of it.

Guardian

Narrative B

While this is indeed a rare incident, it isn't the first gold heist at Pearson Airport. Given its status as the epicenter of Canada's air cargo traffic, dealing with millions of dollars worth of valuables, this embarrassing stunt calls into question the proficiency of its security.