MONTREAL- Air Canada (AC) has been ordered to pay security company Brink’s approximately $18,500 following a gold shipment theft valued at $20 million.
The heist occurred at Toronto Pearson International Airport (YYZ) in 2023, and the Federal Court’s decision highlights the airline’s liability under the Montreal Convention.
The stolen shipment included 6,600 gold bars and $2.5 million in foreign currency. While Brink sought full reimbursement, the court capped Air Canada’s liability, citing legal limitations.
The theft unfolded on April 17, 2023, after a shipment from Zurich was offloaded at Air Canada’s (AC) cargo facility in Toronto…
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