The Globe and Mail reports in its Wednesday edition that police have made arrests in connection with the theft of $24-million in gold and cash from an Air Canada warehouse at Toronto's Pearson airport a year ago. The Globe's Eric Atkins writes that Peel Regional Police and the U.S. Alcohol, Tobacco and Firearms Bureau will announce the arrests and details of the investigation this morning, Peel police said, without providing details. Thieves made off with the container containing $21-million in 24 gold bars and $2.7-million in cash from a cargo warehouse adjacent to the airport on the evening of April 17, 2023. The cargo had just arrived on an Air Canada flight from Zurich. The shipment was arranged by Brink's. Brink's in October sued the airline for the value of the stolen goods, alleging Air Canada's warehouse was not secure, and that the thief used fake paperwork to claim the cash and gold. Air Canada has denied Brink's allegations. Police offered no clues on how many arrests were made nor if the stolen goods were recovered, but the involvement of the U.S. ATF points to international connections. The gold was shipped on behalf of Toronto-Dominion Bank. Brink's said it reimbursed its customers for their losses.
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