“We are still trying to get accurate information on the heist,” an RCMP spokesperson said, declining to confirm how much gold is missing. At current prices, 3,600 pounds of gold would be worth about $105 million.
The theft, first reported by the Toronto Sun, happened on Monday in the early evening hours and saw $22 million worth of gold and banknotes stolen. A confidential memo shared with the Sun stated that the bank in question was TD while the airline was Air Canada.
It’s understood that the gold and banknotes were being shipped as part of an intra-bank transaction, though the identity of the other bank in the transaction isn’t known at this time.