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Home»Waterloo»Armed Robbery at Waterloo Bank Leaves Employee Injured
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Waterloo

Armed Robbery at Waterloo Bank Leaves Employee Injured

August 2, 20263 Mins Read
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Armed Robbery at Waterloo Bank Leaves Employee Injured
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Police are searching for at least four suspects following a bank shooting early in the morning. CTV’s Karis Mapp has the details.

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

Gunfire erupted at the Scotiabank branch close to Fischer Hallman Road and Erb Street West around 2:30 a. m.

A 40-year-old man, who was injured, was taken to a hospital outside the area.

bank waterloo shooting robbery fischer hallman erb An armoured vehicle employee was shot at a bank in Waterloo, Ont. on May 13, 2026. (Rowen Fisler/ )

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

No descriptions of these individuals were provided to the media.

Garda World confirmed that 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 mentioned in an email to .

bank waterloo shooting robbery fischer hallman erb An armoured vehicle employee was shot at a bank in Waterloo, Ont. on May 13, 2026. (Rowen Fisler/ )

Teamsters Canada, which represents Garda World workers, reported that the man was shot multiple times but is now out of surgery and is stable as of Thursday morning.

“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 expressed.

shooting waterloo Fischer Hallman Road and Erb Street West Waterloo Regional Police at the scene of a shooting near the intersection of Fischer Hallman Road and Erb Street West on May 13, 2026. (Rowen Fisler/ )

The bank also sent out a statement to .

“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 have asked anyone who saw the shooting or has security footage from around that area to call 519-570-9777.

They also stated that their Break, Enter, Auto Theft and Robbery Unit along with the General Investigations Unit are looking into what happened during the shooting.

With reporting by Karis Mapp

Correction

Waterloo Regional Police initially said that the victim was 25 years old. According to Teamsters Canada, however, he is actually 40 years old.


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