Four suspects involved in robbery and shooting of armoured vehicle employee at Waterloo, Ont. bank

An employee of an armoured vehicle company was shot early Wednesday morning at a bank in Waterloo, Ont.

Gunshots rang out at the Scotiabank branch near Fischer Hallman Road and Erb Street West around 2:30 a.m.

An injured 40-year-old man was transported to a hospital outside the region.

“The victim, an employee of the armoured vehicle company, had been approached by multiple unknown individuals and was subsequently shot,” Waterloo Region Police wrote in a media release.

Inspector Alison Sproule described the man’s injuries as “significant” and called it a targeted robbery involving at least four suspects.

No descriptions of those individuals were shared with the media.

GardaWorld confirmed one of their vehicles was involved in a “security incident.”

“The safety and wellbeing of our employees remain our highest priority, and we are focused on supporting the affected crew member, their family, and our local team, while fully cooperating with law enforcement,” they wrote in an email to CTV News.

Teamsters Canada, the union representing GardaWorld workers, said the man was shot multiple times but, as of Thursday morning, he was out of surgery and in stable condition.

“There are no easy words for this. A shooting like this is something few people in Canada’s armoured car industry have lived through. We are all feeling the shock and anger,” representatives from Local Union 879 said.

The bank also emailed a statement to CTV News.

“At Scotiabank, the safety and security of our employees, partners and clients is our top priority,” they wrote. “We are working closely with law enforcement as they investigate.”

Police asked anyone who witnessed the shooting, or has security video of the area, to call 519-570-9777.

They also said their Break, Enter, Auto Theft and Robbery Unit, as well as the General Investigations Unit, are investigating the circumstances surrounding the shooting.

With reporting by Karis Mapp