The Canadian insurance industry lost more than a billion dollars for the first time on vehicle theft claims in 2022. Read more.
Photo by Jason Payne/PNG filesTORONTO — Vehicle theft in multiple provinces surged last year, according to insurance industry group Equite Association.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
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Vehicle theft soared in 2022, led by Quebec and Ontario: ReportThe report says that the national vehicle recovery rate was 57 per cent, with higher rates in Atlantic Canada and Alberta.
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