4:00 PM PT -- Cops now say there were 4 people who suffered gunshot wounds in the parade shooting.
They also say they've now arrested 3 people.
1:24 PM PT -- Police say they have arrested 2 suspects and recovered 2 guns after an alleged shooting at the Toronto Raptors championship parade Monday.
Cops also say two people are being treated for "serious" injuries -- but the injuries are not life-threatening. The investigation is ongoing.
The championship parade continued after the shooting -- with Drake taking the stage and telling the reported 1.