Despite recent dip, auto thefts still a concern

Auto theft in Canada remains a serious and costly problem, with losses climbing sharply over the past decade even as recent data shows a short-term decline, according to new figures released by the Insurance Bureau of Canada (IBC).

National auto theft claims losses reached more than $360 million in the first half of 2025, down 34 per cent from the same period in 2024 but still triple the amount recorded 10 years ago. In the first half of 2015, losses totalled just over $120 million. Claims counts tell a similar story...