Illegal drugs and guns from were on display at the Peel Regional Police headquarters Thursday after a massive cross-border smuggling bust entitled Project Rebel.

The joint investigation seized 29 handguns and a significant amount of drugs including marijuana, ecstasy, cocaine and methamphetamines.

"We're displaying examples of 29 crime guns that have been seized directly," said Detective Inspector Steve Clegg.

"These are guns that were destined for the streets of our communities throughout the province."

On Wednesday, seven search warrants were executed in Canada and the U.S., most significantly in the states of Florida and Alabama.

Ten people have been charged in the GTA, ranging in age from 16 to 60, with a total of 134 offences relating to the bust.

Five other suspects were previously arrested in Sudbury, Ont., on drug-related offences in relation to this investigation.

The Canadian suspects appeared in court on Wednesday and are being held in custody.

Authorities in the U.S. are still searching for suspects involved in the smuggling ring.

Police explained the group formed a "sophisticated network" that was responsible for exporting large quantities of narcotics, mainly marijuana and ecstasy, into the United States from Canada concealed in vehicles.

The drugs would be transported by Canadian mules to the U.S. and exchanged for firearms and large amounts of cocaine and methamphetamines.

Community Safety Minister Monte Kwinter said the bust is a clear sign that Ontario's marijuana has major international value--and that it's time to crack down on its production.

"The amount of grow ops operating in Ontario is epidemic," Kwinter said.

"Organized crime uses (the drug) as currency to export to the United States in return for getting guns and harder drugs back in Canada."

Canadian and U.S. authorities are hailing the bust as a significant blow to the particular group that netted "staggering results."

"Our commitment to preventing the illegal movement of guns into our community is supported by the close relationships our officers maintain with other law enforcement agencies," Peel Regional Police Chief Mike Metcalf said during a press conference on Thursday.

"It is through this collaboration that successful investigations like Project Rebel help to keep our communities safe."

Toronto Police Chief Bill Blair recently estimated that about 70 per cent of the guns on Canadian streets originate in the United States.

With reports from CTV's Marcia MacMillan and Paul Bliss