Canada is among the top 10 countries with the most stolen vehicles

 

In a May report released by Interpol, Canada was among the top 10 countries with the most stolen vehicles this year. The report comes as the government, police and other organizations try to deal with Canada's auto theft crisis. The list was released by combining the RCMP's Canadian Police Information Center's stolen vehicle database with Interpol. According to the report, within three months of this year, vehicles stolen from Canada were found in different parts of the world.

And the RCMP's database contains details of nearly 150,000 stolen vehicles in Canada. In relation to theft, more than 200 vehicles are identified as stolen every week. Vehicles are identified during inspection as most vehicles are brought to ports for export to foreign countries.

Interpol pointed out that the proceeds from the sale of stolen vehicles are used by the accused to commit crimes and that car theft has become a source of income for organized crime. Interpol also stated that the global data sharing that is now being done will help in stronger inspection of vehicles at the borders, identification of vehicle smuggling routes and arrest of suspects.

The Insurance Bureau of Canada reports that 105,000 vehicles were stolen across Canada in 2022 alone. Auto theft also increases insurance rates. Toronto topped the rate with a 561 percent increase over the past five years. About $371 million in claims were reported. IBC vice president Liam McGuinty says that last year, auto theft claims totaled $1.5 billion nationally.