Catalytic converter thefts up 60% year-on-year in Canada: report
Catalytic converter theft is on the rise, with Canada seeing a 60 per cent year-on-year rise in insurance claims in 2022.
Theft of these converters has become a huge phenomenon because of the precious metals they are made of like palladium, rhodium and platinum in the treatment of exhaust gases, according to a new report by Allstate. The insurance claim for a repair of this part was approximately $2,900 in 2022, up 21 per cent from the previous year and up 81 per cent from 2020. The number of claims was up 1,710 per cent from 2018.
“We are changing the rules to better fight thieves who steal catalytic converters,” said Public Safety Minister Mike Farnworth said at the time. There have also been talks of raising the fines for thieves that get caught stealing this valuable part.Allstate said vehicle owners can prevent thefts by having a mechanic install a cage or plate over the converter, as well as getting a professional to add a unique vehicle identification number on major parts of the car to help aid in the recovery.Be Among The First To Know
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Battle rages over obscure law to expand railway competition in Canada - Terrace StandardBattle rages over obscure law to expand railway competition in Canada
Read more »
Happy to help Canada, but U.S. wildfire season is rapidly approaching, officials warn - Terrace StandardThere are currently 345 federally co-ordinated firefighters and support personnel operating in Canada
Read more »
New Canada Post stamp honours first Indigenous woman to lead a Canadian government - Terrace StandardNellie Cournoyea was known as a champion of Inuit people in Canada’s western Arctic
Read more »
More than 60 million people could face severe storms SundayMore than 60 million people from Colorado to the Carolinas are under threat for severe storms Sunday, including heavy rain, hail and tornadoes, with the lower Mississippi and Tennessee valleys at greatest threat.
Read more »
Doctors diagnose 60 cases of skin cancer during one-day clinic in OttawaA group of dermatologists volunteered their time to host a skin check clinic at the Ottawa Derm Centre on Sunday as part of a fundraiser for the Mohs Skin Cancer Surgery expansion campaign at the Ottawa Hospital.
Read more »
Severe thunderstorm watch issued for Okanagan, Nicola, Boundary - Terrace StandardSevere thunderstorm watch issued for Okanagan, Nicola, Boundary
Read more »