Toronto airport gold heist: Air Canada to pay just $18K for $24M theft

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News Canada Toronto Poorly completed paperwork on stolen load of gold bars and cash means airline only needs to pay general compensation as if it was a suitcase of clothes

Get the latest from Adrian Humphreys straight to your inbox Sign Up Published Jan 23, 2025 • Last updated 6 hours ago • 5 minute read

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<source media="(min-width: 1200px)" srcset="https://smartcdn.gprod.postmedia.digital/nationalpost/wp-content/uploads/2024/04/gold-heist-air-canada-toronto-pearson-airport-.png?quality=90&strip=all&w=564&h=423&type=webp&sig=j598vpYie_WuW6Jxctyrxw, https://smartcdn.gprod.postmedia.digital/nationalpost/wp-content/uploads/2024/04/gold-heist-air-canada-toronto-pearson-airport-.png?quality=90&strip=all&w=1128&h=846&type=webp&sig=sFoAGg0dX1x5dpA3u3Nj4Q 2x" type="image/webp"><source media="(min-width: 1200px)" srcset="https://smartcdn.gprod.postmedia.digital/nationalpost/wp-content/uploads/2024/04/gold-heist-air-canada-toronto-pearson-airport-.png?quality=90&strip=all&w=564&h=423&type=jpg&sig=Mjz52LgssXVkNgACClM2GQ, https://smartcdn.gprod.postmedia.digital/nationalpost/wp-content/uploads/2024/04/gold-heist-air-canada-toronto-pearson-airport-.png?quality=90&strip=all&w=1128&h=846&type=jpg&sig=cczdCw_LjR2vYZpMI1X7nA 2x" type="image/jpeg"><source media="(min-width: 768px)" srcset="https://smartcdn.gprod.postmedia.digital/nationalpost/wp-content/uploads/2024/04/gold-heist-air-canada-toronto-pearson-airport-.png?quality=90&strip=all&w=472&h=354&type=webp&sig=6bzqgNgUnQs5vBT5OM1U6Q, https://smartcdn.gprod.postmedia.digital/nationalpost/wp-content/uploads/2024/04/gold-heist-air-canada-toronto-pearson-airport-.png?quality=90&strip=all&w=944&h=708&type=webp&sig=H_aWelHWy7GeApauIQXuHw 2x" type="image/webp"><source media="(min-width: 768px)" srcset="https://smartcdn.gprod.postmedia.digital/nationalpost/wp-content/uploads/2024/04/gold-heist-air-canada-toronto-pearson-airport-.png?quality=90&strip=all&w=472&h=354&type=jpg&sig=YSxLltM1xLV6820HAWZnGw, https://smartcdn.gprod.postmedia.digital/nationalpost/wp-content/uploads/2024/04/gold-heist-air-canada-toronto-pearson-airport-.png?quality=90&strip=all&w=944&h=708&type=jpg&sig=bCRLcRR0zGX8YDOGGWXiVA 2x" type="image/jpeg"><source media="(max-width: 767px)" srcset="https://smartcdn.gprod.postmedia.digital/nationalpost/wp-content/uploads/2024/04/gold-heist-air-canada-toronto-pearson-airport-.png?quality=90&strip=all&w=288&h=216&type=webp&sig=VUWWsZXW3zQXakjXWzEK6g, https://smartcdn.gprod.postmedia.digital/nationalpost/wp-content/uploads/2024/04/gold-heist-air-canada-toronto-pearson-airport-.png?quality=90&strip=all&w=576&h=432&type=webp&sig=-YAtMfF7nqTIJSSWJzP89A 2x" type="image/webp"><img alt="The stolen gold is loaded on to a truck" class="featured-image__image type:primaryImage" src="https://smartcdn.gprod.postmedia.digital/nationalpost/wp-content/uploads/2024/04/gold-heist-air-canada-toronto-pearson-airport-.png?quality=90&strip=all&w=288&h=216&sig=TGOi9N5lPqaBOHWsbSfEWA" srcset="https://smartcdn.gprod.postmedia.digital/nationalpost/wp-content/uploads/2024/04/gold-heist-air-canada-toronto-pearson-airport-.png?quality=90&strip=all&w=288&h=216&sig=TGOi9N5lPqaBOHWsbSfEWA, https://smartcdn.gprod.postmedia.digital/nationalpost/wp-content/uploads/2024/04/gold-heist-air-canada-toronto-pearson-airport-.png?quality=90&strip=all&w=576&h=432&sig=Ci4frpo1PUqMb8BATZG8yg 2x" height="750" width="1000"/> The stolen gold is loaded on to a truck at Toronto Pearson airport. Photo by Peel Police Article content In the messy aftermath of the Toronto airport gold heist — that saw $24 million in gold bars and cash driven away by thieves from an Air Canada warehouse — the airline has been ordered by the Federal...